A JD.com courier drives past the Zaha Hadid-designed Galaxy Soho complex in Beijing, China, on Saturday, Feb. 18, 2023. Bloomberg | Bloomberg | Getty Images BEIJING — China has yet to see a strong reb...
Tag: adidas AG
Allbirds (BIRD) Q4 earnings 2022
A woman walks past an Allbirds store in the Georgetown neighborhood of Washington, D.C., on Tuesday, Feb. 16, 2021. Al Drago | Bloomberg | Getty Images Footwear retailer Allbirds on Thursday unveiled ...
Adidas warns of first annual loss in three decades and cuts dividend after Ye split
“The numbers speak for themselves. We are currently not performing the way we should”, Adidas CEO Bjørn Gulden said in a press release. Jeremy Moeller / Contributor / Getty Images Adidas o...
Adidas, Major League Soccer renew deal
Major League Soccer and sportwear giant Adidas agreed to a multiyear extension of their partnership. The deal, announced days before MLS kicks off its 28th season, goes through 2030 and is valued at $...
Adidas shares tank after it issues warning over unsold Yeezy stock
“The numbers speak for themselves. We are currently not performing the way we should”, Adidas CEO Bjørn Gulden said in a press release. Jeremy Moeller / Contributor / Getty Images Adidas c...
Adidas says Berlin Fashion Week launch and co-CEO announcements are fake
Pedestrians walk by a large Adidas logo inside the German multinational sportswear shop. Miguel Candela | SOPA Images | LightRocket via Getty Images Several press releases allegedly sent from Adidas a...
Adidas employees raised concerns about Ye’s conduct for years, report says
Gilbert Carrasquillo | Getty The chief executive and other senior leaders at Adidas discussed the potential fallout from its relationship with Kanye West as far back as four years ago, according to a ...
Adidas launches investigation into Ye conduct claims
Kanye West at an event announcing a partnership with Adidas on June 28, 2016 in Hollywood, California. Getty Images Adidas said it is investigating accusations made by staff relating to the conduct of...
Adidas warns of big earnings hit after ending Ye partnership
Kanye West at an event announcing a partnership with Adidas on June 28, 2016 in Hollywood, California. Getty Images Adidas on Wednesday cut its full-year guidance on the back of the German sportswear ...
Puma CEO Bjorn Gulden in talks to succeed Kasper Rorsted as Adidas chief
Björn Gulden, Chairman and Managing Director of the sporting goods manufacturer Puma SE, speaks at the company’s annual press conference. Daniel Karmann | Picture Alliance | Getty Images Adidas ...
Adidas terminates Ye partnership, Gap removes Yeezy items over antisemitic remarks
Adidas on Tuesday ended its partnership with Ye, formerly known as Kanye West, after the musician made a series of offensive and antisemitic comments. Hours later, Gap and then Foot Locker said they w...
Why pickleball has NBA’s LeBron James and NFL’s Tom Brady investing
Pickleball is the fastest-growing sport in America, with over 4.8 million people playing the game. However, its rapid growth has caused some growing pains, stemming from competing professional leagues...
Adidas boss says LIV Golf a ‘normal evolution,’ wants to focus on player partnerships
Phil Mickelson of the U.S. during the inaugural LIV Golf Invitational at the Centurion Club, Hemel Hempstead, St Albans, Britain, June 8, 2022 Paul Childs | Action Images via Reuters Adidas CEO Kasper...
Retailers still opening stores despite recession fears
The biggest shopping mall owners in the United States say retailers are still forging ahead with plans to open new stores in spite of growing recession fears and decades-high inflation that’s sq...
Best Buy cuts sales forecast as inflation pressures shoppers
Customers shop at a Best Buy store on August 24, 2021 in Chicago, Illinois. Scott Olson | Getty Images Best Buy on Wednesday cut its forecast for its fiscal year and second quarter, saying it has seen...
Damian Lillard wants to stay with Blazers, co-founds insole company
Damian Lillard #0 of the Portland Trail Blazers speaks to fans during fan appreciation night before the game against the Utah Jazz at Moda Center on April 10, 2022 in Portland, Oregon. Abbie Parr | Ge...
Adidas announces new network that will allow more than 50,000 student-athletes to be paid ambassadors
Adidas announced Wednesday a new “name, image and likeness” network that will be open to student-athletes at NCAA Division 1 Adidas-sponsored schools. The new program will allow more than ...
Honeywell CEO says suspending business in Russia won’t be a major headwind
Honeywell‘s decision to halt business activities in Russia following the country’s invasion of Ukraine is unlikely to cause problems for the company’s balance sheet, CEO Darius Adamc...
Adidas doesn’t know when it will resume Russian operations, CEO says
Adidas CEO Kasper Rorsted told CNBC on Wednesday that it’s too soon to know when the company will restart business operations in Russia. “I think this is premature. The war has been going ...
Walmart rolls out virtual fitting room to help shoppers find clothes
Walmart debuted Choose My Model, a feature that allows shoppers to see how clothing would look on a person with a similar height, shape and skin tone. The technology is powered by Zeekit, a start-up t...