Coronavirus in Germany: Adidas, H&M to stop paying rent over outbreak closures
Big retailers in Germany say they plan to stop paying rent for stores that were told to close in order to slow the pandemic. Adidas is leading the charge, along with shoe chain Deichmann and Swedish clothing giant H&M.
Adidas: EU court rules against three stripes trademark
The German company will not be allowed to trademark three stripes next to each other, Europe's second-highest court has ruled. The court called it "an ordinary figurative mark."
Adidas will see a very solid 2019, says CEO Rorsted
Kasper Rorsted, chief executive officer at Adidas, discusses the company’s warning of slower sales growth, his outlook for 2019, growth in Europe, the trends he’s seeing, his relationship with Kanye West, the Reebok line and how he’s preparing for Brexit.
Adidas would like to work with soccer star Mbappe, CEO Rorsted says
Kasper Rorsted, chief executive officer at Adidas AG, discusses global demand for sporting goods and apparel, the impact of digital on his industry and why the company would like to collaborate with French soccer player Kylian Mbappe.
Adidas CEO on Guidance, European Growth, China, E-Commerce
Kasper Rorsted, chief executive officer at Adidas, discusses his guidance for full-year results, when we can see a return to growth in Western Europe, what will drive that return to growth, his strategy for Brexit, competition, how the trade tensions between the U.S. and China are impacting his business, his strategy for China and the company's e-commerce targets.
Nike on track to beat Adidas in World Cup jersey battle
In a World Cup brimming with upsets, Nike looks on track to defeat archrival Adidas in the closely watched jersey sponsorship battle.
Adidas CEO on China sales, Profitability, U.S. Outlook
Kasper Rorsted, chairman and chief executive officer at Adidas, discusses sales in China, his outlook for profitability, growth in the U.S., the impact of tariffs on his business and the outlook for the internet business.
What’s behind Adidas’s profit growth?
Adidas AG, the German sport-shoe maker, forecast up to 12 percent increases in sales and earnings this year as consumers spend more ahead of the Euro 2016 soccer tournament. Net income from continuing operations will rise at least 10 percent excluding goodwill impairment, Adidas said in a statement Thursday.