Adidas

Adidas, Beyonce end partnership amid slow sales, says WSJ report

Beyonce on Friday introduced a separate collection in a partnership with French fashion house Balmain

A stripe more or a stripe less?

Thom Browne may have escaped consequences for the extra stripe in the Adidas matter, but this might really be an exception to the rule

Adidas loses stripes row trademark battle with luxury designer Thom Browne

Adidas has lost a court case to try to stop a fashion designer from using a four-stripe design, the media reported

David Beckham tripled revenues to $40.9 million in 2021 before Qatar deal

After the reporting period closed, the retired footballer faced public criticism for agreeing to promote Qatar despite concerns around the treatment of migrant workers

Adidas investigates after ex-workers allege Kanye West misconduct

Adidas says it is investigating allegations of inappropriate workplace conduct by the rapper formerly known as Kanye West that ex-employees made in an anonymous letter also accusing the German sportswear brand of looking the other way. Adidas, which made his Yeezy line, cut ties with Ye last month over his offensive and antisemitic remarks after facing pressure to follow other brands and companies in ending partnerships with the rapper. It said it expected to take a hit of 250 million euros (USD 246 million) to its net income this year from the move. Ye was suspended from Twitter and Instagram over his remarks but has been back tweeting this month. Rolling Stone has reported that it spoke to more than two dozen former Yeezy and Adidas workers and obtained a letter from several former Yeezy employees to the sportswear company alleging that Ye created a toxic work environment by showing sexual photos and videos in meetings, making vulgar comments and bullying the people who worked for

Kanye West, Adidas and his long list of controversies: A look at the past

Adidas has terminated its contract with Kanye West, but he is no stranger when it comes to controversies

Adidas ends partnership with rapper Kanye West over antisemitic remarks

Adidas has ended its partnership with the rapper formerly known as Kanye West over his offensive and antisemitic remarks. Adidas does not tolerate antisemitism and any other sort of hate speech," the company said in a statement Tuesday. Ye's recent comments and actions have been unacceptable, hateful and dangerous, and they violate the company's values of diversity and inclusion, mutual respect and fairness. It comes after the German sportswear company faced pressure to cut ties with Ye, with celebrities and others on social media urging Adidas to act. The company said at the beginning of the month that it was placing its lucrative sneaker deal with the rapper under review. Adidas is just the latest company to end connections with Ye, who also has been suspended from Twitter and Instagram over antisemitic posts that the social networks said violated their policies. He recently suggested slavery was a choice and called the COVID-19 vaccine the mark of the beast, among other comments

Adidas CEO Kasper Rorsted to step down next year, successor sought

Adidas CEO Kasper Rorsted will step down next year, the sports apparel maker said Monday, and the company has started looking for a successor. Rorsted, who has been CEO since 2016, and its supervisory board mutually agreed that he will hand over during the course of 2023, the Herzogenaurach, Germany-based Adidas said. After three challenging years that were marked by the economic consequences of the COVID-19-pandemic and geopolitical tensions, it is now the right time to initiate a CEO transition and pave the way for a restart, supervisory board chairman Thomas Rabe said in a statement. He thanked Rorsted for major achievements that included strategically repositioning the company, vastly expanding its online sales and doubling sales in North America. Rabe said the firm can now focus on its core brand after divesting TaylorMade, Reebok and CCM Hockey. Recent years have been marked by several external factors that disrupted our business significantly and that it took huge efforts to

Campus garners 37% topline from online sales in first nine months of FY22

The Delhi-based firm is launching its Rs 1,400-crore Initial Public Offering (IPO) through the offer for sale route on Tuesday at a price band of Rs 278-292 per share

Adidas announces its biggest-ever commitment to Indian women athletes

Ahead of a major year for sport, Adidas has announced its biggest ever commitment to Indian women athletes, in line with its "Impossible is Nothing" tagline.

Aditya Birla Fashion and Retail to take over Reebok's operations in India

This deal marks ABFRL's foray into India's fast-growing sports and activewear segment

Leading sportswear giant Adidas launches first flagship store in India

'The Home of Possibilities' store is a blend of multiple digital touch points, sustainability zone and embodies the future of retail experience for consumers

ASICS Gel-Kayano 28 review: A stable and smooth running experience

Reasonably priced for the kind of tech it offers, this pair of shoes offers sheer comfort, if you're getting back to running and want to keep injuries and pain at bay

Adidas 4DFWD review: Imagination and experimentation on a future-tech shoe

This pair delivers on both comfort and performance, offering a good bounce and absorbs the impact well

Adidas sells Reebok to US firm Authentic Brands Group in $2.5 billion deal

The majority of the price will be paid in cash at closing, with the rest coming as deferred and contingent consideration, the companies said Thursday in a statement

Adidas hit by China boycott of Western brands, Vietnam factory closures

The German sportswear company still raised its outlook for full-year sales

China warns western brands not to engage in politics over Xinjiang

H&M, Burberry, Nike, Adidas and other Western brands have been hit by consumer boycotts in China since last week over comments about their sourcing of cotton in Xinjiang

Nike, Adidas join brands feeling Chinese social media heat over Xinjiang

Both Nike and Adidas, which have been growing rapidly in China, have said previously that they do not source products or yarn from the Xinjiang region

Adidas Ultraboost 21: Performance-driven running shoes with great add-ons

The Ultraboost21 looks bulky but weighs just 340 gm, which is decent for a pair of running shoes. At Rs 17,999, it is also priced competitively

Adidas pushes online sales and sustainability in five-year plan

Adidas shares were up 3.2% by 1250 GMT, the biggest gain on the German blue-chip index