Adidas

Adidas revenues remain flat in Q1

Apparel company Adidas reported flat currency-neutral revenues in Q1 compared to the same period last year.  Currency-neutral sales in North…

Read More »

Zalando reports €2.3bn revenues in Q1

Zalando, one of Europe’s leading online platforms for fashion and lifestyle, reported a revenue increase of 2.3% to €2.3bn (£2bn) …

Read More »

Allbirds hires new chief financial officer

Allbirds has appointed Annie Mitchell, as chief financial officer, effective April 24, 2023. She will replace Mike Bufano, who will…

Read More »

Adidas profits fall 1% to £9.45bn amid Yeezy split

Adidas has reported that its FY gross profit declined 1% to £9.45bn, down from the £9.54bn it made in 2021,…

Read More »

Adidas and West to sell leftover Yeezy stock in new agreement

Adidas has reached a new agreement with Kanye West that will ensure that the footwear brand sells the remaining $500m…

Read More »

Castore in $200m fundraising talks in bid to rival Nike and Adidas

Sportswear brand Castore is reportedly in talks with investors about a $200m (£166m) fundraising deal as it aims to compete…

Read More »

Adidas lowers guidance amid Kanye West split

Adidas has announced that it expects its revenues to drop at least €1.2bn (£1.1bn) as a result of its split…

Read More »

Adidas lowers forecast amid Yeezy split

Adidas has lowered its full year guidance for FY22 with total revenues now expected to grow at a low-single-digit rate…

Read More »

Adidas and Gap end ties with Kanye West amid anti-semitic rant

Adidas has ended its working partnership with rapper Kanye West, saying it “does not tolerate antisemitism”, after West published offensive…

Read More »

JD Sports to open new store in Birmingham’s Bullring centre

JD Sports is set to double its presence in Bullring and Grand Central, Birmingham, as it looks to drive customer…

Read More »