Company
adidas AG
OTCMKTS: ADDYY
The brands of the adidas Group complement each other in a unique way to help athletes perform better, play better, feel better. Our products break records, set trends, make history. Every day. All over the world. Welcome to the adidas Group.
53 stories
Adidas halo effect sets stage for bullish revival, says UBS
Yeezy fallout and China supply chain issues receding for German brand
Adidas to sell €1.2bn of unsold Yeezy shoes and donate to charities
One major investor called on the unsold Yeezy shoes to be burnt
Former Adidas boss to receive €16mln following departure
Rorsted has been replaced by Bjorn Gulden who took over at the start of 2023.
Adidas's new leadership will provide some Yeezy relief, says RBC
2023 includes many challenges, said RBC, most notable the loss of profit and revenue from the Yeezy products
Adidas 'no longer living on Yeezy Street' said Deutsche Bank
Cutting ties with Kanye West will cost around €350mln in lost profits
Adidas to continue making Yeezy products despite cutting ties with Kanye West
Adidas and Ye had been working in collaboration since 2014, with the two releasing the 'Yeezy Season 1' collection in February 2015
Adidas slashes guidance, cites cutting ties with Kanye West
Adidas now expects net income from operations to be around €250mln, down from the target of €500mln before it ditched Ye
Adidas has 'too many fires to put out'; stock downgraded by RBC
Termination of its Yeezy partnership is expected to cost the German company somewhere above €1.7bn
FIVE at FIVE: THG ‘comfortably below expectations,’ Adidas boots Kanye, HSBC kicks off banking season and Rishi Sunak’s crypto vision
Here’s Proactive’s round-up of the top financial stories of the day, with helpful links taking you directly to the news
Adidas takes €250mln hit for dumping Kanye West and Yeezy
Sportswear maker said anti-semitic tweets were unacceptable, hateful and dangerous
Adidas' second quarter sales increase but operating profit declines
Closing stores in Russia dragged down performance in Europe by €100mln
Adidas ads displaying bare breasts are banned after complaints
The ad regulator said the image was unsuitable "for use in untargeted media, particularly where it could be seen by children" and concluded the posters were inappropriately targeted
Adidas performs well despite tough Asia-Pacific market
The Chinese market saw a 15% decline in sales for the year so far