adidas

Adidas Cuts Profit Forecast Amid Low Sales, High Inventory

Adidas Cuts Profit Forecast Amid Low Sales, High Inventory
Adidas Cuts Profit Forecast Amid Low Sales, High Inventory
October 21, 2022  |  Retail

Adidas saw its shares tumble Friday (Oct. 21) after projecting that profits would be lower this year as it deals with lower-than-expected sales and a...

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EMEA Daily: Biden Order Aims to Protect US-EU Data Transfers; HSBC Launches Digital Trade Finance Platform
EMEA Daily: Biden Order Aims to Protect US-EU Data Transfers; HSBC Launches Digital Trade Finance...
October 07, 2022  |  emea

Today in Europe, the Middle East and Africa, President Biden’s latest executive order offers a ray of hope for American tech businesses that rely on...

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Adidas Seeks CEO, Questions Kanye West Deal
Adidas Seeks CEO, Questions Kanye West Deal
October 07, 2022  |  Retail

As Adidas looks for a new chief executive, experts and analysts are advising the German footwear company to get creative. Get the Full Story Complete...

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Today in the Connected Economy: Adidas Seeks Do-Over With New CEO
Today in the Connected Economy: Adidas Seeks Do-Over With New CEO
August 22, 2022  |  Connected Economy

Today in the connected economy, Adidas looks for a new chief executive weeks after dialing its yearly outlook downward. Get the Full Story Complete the...

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Seeking a ‘Restart’ Adidas Looks for New CEO
Seeking a ‘Restart’ Adidas Looks for New CEO
August 22, 2022  |  Retail

Saying it’s time for a restart, footwear company Adidas announced that its supervisory board and CEO Kasper Rorsted have mutually agreed that Rorsted will leave...

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Deckers Disrupts Sneaker Segment as Uggs Owner Turns Hoka Into $1B Brand
Deckers Disrupts Sneaker Segment as Uggs Owner Turns Hoka Into $1B Brand
July 29, 2022  |  Retail

The highly competitive global sneaker wars have a new contestant to look out for after Deckers said its Hoka line of athletic shoes has grown...

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Adidas Scales Back Its Financial Outlook for the Year
Adidas Scales Back Its Financial Outlook for the Year
July 27, 2022  |  Retail

Footwear giant Adidas announced Tuesday (July 26) that it’s adjusting its outlook for this year downward, citing a slower-than-expected recovery across Greater China since the...

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Lululemon Taps Adidas Backyard, Will Open 2 Stores, Local Website in Spain
Lululemon Taps Adidas Backyard, Will Open 2 Stores, Local Website in Spain
July 05, 2022  |  Retail

In its first move toward fulfilling its newly launched five-year growth plan and global expansion strategy, Lululemon said it will add a local market website...

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Today in Retail: Under Armour Looks to Recover From Unexpected Headwinds; Best Buy Expands Offerings
Today in Retail: Under Armour Looks to Recover From Unexpected Headwinds; Best Buy Expands Offerings
May 06, 2022  |  Retail

Today in retail, Goodyear overcomes supply chain disruptions to record its best first-quarter results in a decade, while Unilever teams with Robomart on hail-able ice...

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