Adidas

GERMANY: Adidas scents upturn as Q3 profit slumps

source: just-style.com

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.

Published Tue, Nov 3

Sachin's bat to sport Adidas logo; MRF bows out

source: Economic Times

MRF will make way for the Adidas logo on Sachin Tendulkar's bat, with the batting great ending over a decade-long association with the tyre maker to endorse the global sportswear company.

Published Thu, Sep 17

Little sign of a July retail uptick

source: just-style.com

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...

Published Mon, Aug 10

Looking up for luxury?

source: just-style.com

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...

Published Wed, Aug 5

GERMANY: Adidas imposes tough leather sourcing rules

source: just-style.com

Sportswear giant Adidas has responded to Greenpeace claims connecting the sourcing of leather with rainforest destruction by unveiling a set of stringent supplier requirements.

Published Wed, Jul 29

End of the line for Arcandor?

source: just-style.com

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...

Published Thu, Jun 11

GERMANY: Adidas eyes football market growth in 2010

source: just-style.com

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.

Published Wed, Jun 10

VIETNAM: Adidas garment supplier to close, 797 jobs lost

source: just-style.com

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.

Published Thu, May 28