Puma stock slumps, a day after Adidas rally. New Speedcat range may be to blame.
Puma shares slumped on Thursday as the German apparel maker’s preliminary fourth-quarter numbers disappointed analysts.
Adidas to axe up to 500 jobs at headquarters, source says
Adidas CEO Bjoern Gulden plans to cut up to 500 jobs at the German sport retailer's headquarters in Herzogenaurach, a source who took part in a meeting where the figure was announced told Reuters on ...
Adidas has ‘brand heat,’ analysts say. It’s a hot stock, too.
Adidas stock rallied on Wednesday as the apparel maker said its fourth-quarter results would come in ahead of estimates.
Adidas Signed WNBA Star Satou Sabally To Add To Their Women’s Basketball Division
Ahead of an expected move in free agency, Satou Sabally signed a new deal with adidas to join the brand’s WNBA roster of stars.
Adidas Makes A Big Push Into The Pickleball Market With Staksrud Sponsorship
An in-depth discussion with All Racquet Sports, the manufacturer behind the adidas pickleball line, discussing their ...
Lionel Messi’s Wife Antonela Roccuzzo Puts Adidas’ Squat-proof Clothing Technology to the Test in Optime Collection Campaign
Antonela Roccuzzo is the new face of Adidas’ latest campaign. The philanthropist makes her debut with the sportswear company, ...
Adidas Shares Jump After Preliminary Results Beat Expectations
The sporting-goods company surpassed its own profit expectations amid fierce competition in the sector and as its biggest ...
Adidas Reports Fourth-Quarter Sales and Profitability Gains
Adidas reported sales of 5.956 billion euros ($6.2 billion) for the quarter, up from 4.812 billion a year ago. For the full ...
Big strides: Adidas gains again as analysts point to brand heat
Adidas AG (OTCQX:ADDYY) (OTCQX:ADDDF) rose again on Wednesday as the investors and analysts latched on to the ...
Adidas seals turnaround year with strong quarterly sales — after Kanye disaster
The results mark a significant recovery for Adidas from an annual loss in 2023 for the first time in more than 30 years, ...
Willy Chavarria and adidas Originals Launch Lowrider Pop-Up Ahead of Paris Debut
A vintage Chevy Impala will roam the streets of Paris to give away limited-edition Paris-exclusive adidas Originals x Willy Chavarria merch.
Daily Sabah4h
Adidas, Puma weigh job cuts as latter disappoints with profit fall
German sportswear giants Adidas and Puma have both announced they are seeking to reduce costs, including through possible job ...