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Burn, Donate or Sell? Adidas CEO Weighs Options for Handling $1.3 Billion in Yeezy Shoes
Footwear News via Yahoo News· 1 year agoAdidas’ CEO is making no efforts to hide his predicament: He’s sitting on $1.3 billion (or 1.2...
Puma’s Resilient Q3 Surprises, but Puma Boss Says He Doesn’t Have an Offer From Adidas
WWD via Yahoo News· 2 years agoWhile competitors like Nike and Adidas have spoken about their problems over the past few weeks,...
More Fashion, More Localization, Less Pressure: How Adidas Plans Double-digit Growth by 2026
WWD via Yahoo News· 2 months agoThe German sportswear giant struggled to recover from the loss of its profitable Yeezy line last...
Adidas slashes 2022 outlook, investors pin hopes on incoming CEO
Reuters via Yahoo Finance· 2 years agoBERLIN (Reuters) -Adidas further cut its 2022 outlook on Wednesday as it weighed the impact of its...
Adidas Revenues Up 1% in Q3, Raises Guidance Again
WWD via Yahoo News· 6 months agoThe German brand is seeing slow improvement over consecutive quarters, despite dealing with high stock levels and the ongoing fallout from its split with...
Adidas Posts Better-Than-Expected Profit
The Wall Street Journal· 2 weeks agoBUSINESS Adidas posted net profit that beat analysts’ expectations and confirmed its preliminary figures for its first quarter, citing brand momentum....
Lack of Yeezys Will Benefit Nike This Holiday Season, Analyst Says
Footwear News via Yahoo News· 1 year agoThis holiday season, Nike is poised to capture more demand than usual. That’s partly thanks to the...
Mary Dillon Starts With Momentum at Foot Locker
WWD via Yahoo Finance· 1 year agoMaybe blush and basketball shoes aren’t so different after all. Mary Dillon might be proving as much at Foot Locker Inc. The architect behind much of...
Adidas shares rise as Berenberg upgrades sportswear group, citing turnaround hopes
Investing.com via Yahoo Finance· 1 year agoBy Scott Kanowsky Investing.com -- Shares in Adidas AG (ETR:ADSGN) moved higher on Tuesday after analysts at Berenberg upgraded their rating of the German sportswear group to buy from hold, ...
Super shoes have ‘blown distance running into a new stratosphere.’ Are they benefitting the sport?
CNN Sports via Yahoo Sports· 6 months agoAs “super shoes” continue to change distance-running landscape, some are embracing the new...