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GERMANY: Adidas scents upturn as Q3 profit slumps
Original at just-style.com
• Tue, Nov 3
Sportswear giant Adidas has posted a 30% decline in third quarter profit - but said it was "cautiously optimistic" about its fortunes in the coming year.
GERMANY: Adidas denies Bangladesh plant investment
Original at just-style.com
• Fri, Oct 30
Sporting goods company Adidas Group has dismissed a report it will invest US$100m in a footwear plant in Bangladesh.
US: Copyright suit filed over Adidas ad campaign
Original at just-style.com
• Mon, Oct 5
The Drinnon Law Firm has announced a federal trademark and copyright lawsuit against Adidas AG and the NBA Store, over the company's "We Not Me" national multimedia advertising campaign.
GERMANY: Adidas extends UEFA tournament deal
Original at just-style.com
• Sun, Sep 20
Sporting goods firm Adidas and European football governing body UEFA have announced the extension of their long-term sporting goods and apparel deal to 2016.
Peace at last for Puma and Adidas
Original at just-style.com
• Thu, Sep 17
Meanwhile, Herbert Hainer, Adidas CEO and Zeitz' new best mate, added: "Our unity. is a small step in a positive direction, as well as an expression of the united power of sport in a world which we are all responsible for." And the worker in question was none other than Frank Dassler, Rudi's gr...
GERMANY: Adidas tops sustainability index
Original at just-style.com
• Fri, Sep 4
German sporting goods firm Adidas Group has announced being rated an industry leader in sustainability issues and corporate responsibility by the Dow Jones Sustainability Indexes (DJSI).
US: Rockport re-launches DresSports collection
Original at just-style.com
• Thu, Aug 13
Adidas Group-owned footwear firm The Rockport Company has announced the re-launch of its DresSports leather shoes.
Little sign of a July retail uptick
Original at just-style.com
• Mon, Aug 10
Also on the sportswear front, there was good news for rugby-focused sportswear brand Canterbury of New Zealand, which has been sold to UK retailer JD Sports in a GBP6.5m (US$11m) deal. The acquisition safeguards the future of Canterbury's business in Australia and New Zealand, as well as...
Looking up for luxury?
Original at just-style.com
• Wed, Aug 5
Mirroring an earlier announcement by rival Nike, sportswear giant Adidas has responded to Greenpeace claims connecting the sourcing of leather with rainforest destruction by unveiling a new set of stringent supplier requirements. In particular, the German company wants its Brazil...
GERMANY: Adidas imposes tough leather sourcing rules
Original at just-style.com
• Wed, Jul 29
Sportswear giant Adidas has responded to Greenpeace claims connecting the sourcing of leather with rainforest destruction by unveiling a set of stringent supplier requirements.
CHINA: Ex-Adidas designer to create new Kappa collection
Original at just-style.com
• Thu, Jul 23
Sportswear company China Dongxiang has signed up ex-Adidas designer Michael Michalsky to create a new collection for its Kappa brand.
Amazon grows its footprint
Original at just-style.com
• Thu, Jul 23
And this is despite operating Endless.com and stocking thousands of footwear and apparel brands on its namesake site, including Adidas, Levi's, DKNY and Wrangler. It also allows 'featured stores' like Macy's, Lands' End and Target to showcase their items too.
US: Reebok's NFL license case reaches court - reports
Original at just-style.com
• Mon, Jun 29
Adidas Group-owned sporting goods brand Reebok is facing a US Supreme Court over its exclusive license with the the National Football League (NFL), according to media reports.
US: Reebok launches new toning shoe
Original at just-style.com
• Wed, Jun 24
Adidas Group-owned Reebok is launching a new toning shoe for women called EasyTone that have a new balance pod system invented by a former NASA engineer.
SAUDI ARABIA: Adidas opens first Originals store
Original at just-style.com
• Tue, Jun 23
German sporting goods giant Adidas is opening of its first Originals retail store in Saudi Arabia.
HONG KONG: Yue Yuen H1 profit jumps 4%
Original at just-style.com
• Mon, Jun 22
Leading sports shoe manufacturer Yue Yuen Industrial (Holdings) Ltd has posted a 4% rise in first-half profit helped by strong demand from customers like Nike and Adidas.
End of the line for Arcandor?
Original at just-style.com
• Thu, Jun 11
Hong Kong-based supplier Li & Fung has admitted that it will be affected by the process, and is currently owed about US$5.4m in agency commission by Arcandor. But other suppliers including Esprit Holdings and sportswear company Adidas AG say they are "barely affected" by the insolve...
GERMANY: Adidas eyes football market growth in 2010
Original at just-style.com
• Wed, Jun 10
German sportswear giant Adidas AG expects to generate double-digit sales growth in South Africa next year, boosted by its role as official sponsor of the football World Cup.
UK: Shoe brands linked to destruction of Amazon forest
Original at just-style.com
• Mon, Jun 1
Top sports and fashion brands including Gucci, Adidas/Reebok, Timberland, Geox, Clarks and Nike, have been accused of contributing to the destruction of the Amazon rainforest by using leather from cattle reared on farms responsible for deforestation.
VIETNAM: Adidas garment supplier to close, 797 jobs lost
Original at just-style.com
• Thu, May 28
Grand Best Textile Vietnam, a Vietnamese supplier to sportswear brand Adidas, will close down from this weekend (30 May) due to a lack of orders.
GERMANY: Adidas fills top sales and retail posts
Original at just-style.com
• Wed, May 20
Sporting goods group Adidas AG today (20 May) named the two executives who will oversee sales and retail for its Adidas and Reebok brands as it tries to strengthen links with consumers in local markets.
Spring shopping warms up
Original at just-style.com
• Mon, May 11
And sporting goods giant Adidas is axing its regional offices as part of a restructuring programme designed to lay the foundation for sustainable long-term growth. The revamp, designed to save more than EUR100m (US$134m) a year, was revealed as the German firm posted a 97% slump in first...
GERMANY: Adidas extends CEO Hainer's contract
Original at just-style.com
• Wed, May 6
Sporting goods group Adidas AG has extended the contract of its CEO and chairman Herbert Hainer beyond 2010, the company announced at its annual general meeting today (7 May).
CANADA: Adidas in new law suit against Payless
Original at just-style.com
• Fri, Apr 3
Sports goods giant Adidas is taking fresh legal action against footwear retailer Payless ShoeSource over alleged infringement of its three-stripes trademark.
Eventful week at Collective Brands
Original at just-style.com
• Mon, Sep 8
It was a beehive of corporate activity at Collective Brands last week, with the US footwear retailer re-signing up a designer, securing a Middle Eastern franchise deal and revealing the financial implications of litigation with Adidas and K-Swiss earlier in the year.
Adidas bid rumours
Original at just-style.com
• Wed, Apr 18
By editor@just-style.com () Hot on the heels of last week’s bid for Puma by PPR, Adidas is in the news amid renewed talk of private equity interest in the sportswear group. The rumours have been around for a while now, but analysts recently said they would be hard pushed to think of a private equity group with both the reso...
GERMANY: Adidas to sell Greg Norman golf collection
Original at just-style.com
• Wed, Oct 25
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FRANCE: Court orders retrial of Adidas compensation case
Original at just-style.com
• Wed, Oct 11
France's Supreme Court on Monday (9 October) overturned a decision to award Bernard Tapie EUR135m (US$169m) for losses incurred over the sale of sportswear maker Adidas more than 10 years ago.