Adidas narrows focus following golf brands sale
German sportswear brand Adidas is to focus on its core apparel and footwear products following the divestiture of the TaylorMade,…
Taylor Made Golf Company
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Adidas sells golf business in US$425m deal
German sportswear group Adidas has entered into a deal to sell its TaylorMade, Adams Golf, and Ashworth golf brands in…
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Adidas looks to sell golf division amid strong Q1
German sportswear group Adidas has made a strong start to its financial year with record first-quarter sales – and says…
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Adidas ups guidance but cuts 14% of golf unit jobs
German sportswear giant Adidas Group has upped its full-year guidance thanks to higher third-quarter sales, but revealed plans to cut…
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Adidas Q3 profit slides on continuing Russia weakness
German sporting giant Adidas has reported a drop in third-quarter profits and gross margin due to continuing weakness in emerging…
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Adidas taps Nike designers for new US creative studio
Sportswear firm Adidas is planning to open a new creative studio in New York City next year and has hired…
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GERMANY: Adidas defends position despite investor unrest
Adidas has moved to defend its position over reports the sporting goods giant has received pressure from investors to accelerate…
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GERMANY: Adidas shares fall on lower gross margin target
Adidas's share price fell this morning (7 August) as it cut its full-year gross margin target just a week after…
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GERMANY: Adidas shares plunge as FY outlook cut
Adidas shares plunged this morning (31 July) after the German sporting giant cut its earnings forecast and announced plans to…
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US: Zwiers to lead global growth at Wolverine Worldwide
As part of ongoing efforts to accelerate global growth, US clothing and footwear business Wolverine Worldwide has promoted company veteran…