The layoffs will affect employees at Adidas’ headquarters in Herzogenaurach, Germany, and represent nearly 9% of the 5,800 ...
The German sporting-goods company said its operating profit climbed to €1.34 billion last year from €268 million in 2023.
Adidas AG reported better-than-expected results amid the sustained boom for retro sneakers like the Samba and more sales from ...
The German sporting-goods company posted an operating profit €57 million in the fourth quarter compared with an operating ...
Adidas on Tuesday said that its operating profit jumped five-fold last year, as the German sportswear giant moves past a crisis triggered by its split from musician and entrepreneur Kanye West.
Adidas stock rallied on Wednesday as the apparel maker said its fourth-quarter results would come in ahead of estimates.
Adidas CEO Bjoern Gulden plans to cut up to 500 jobs at the German sport retailer's headquarters in Herzogenaurach, a source ...
Puma SE shares plunged after the German sportswear company reported disappointing earnings and pushed back profitability ...
German sportswear brand adidas AG posted strong growth in Q4, with revenue up 19% in currency-neutral terms and 24% in euros, ...
Jefferies analyst James Grzinic maintained a Hold rating on adidas AG (0OLD – Research Report) on January 27 and set a price target of €250.00.
Adidas and Puma, two of Germany’s leading sportswear companies, are reportedly planning significant layoffs as they navigate ...
German sportswear giants Adidas and Puma have both announced they are seeking to reduce costs, including through possible job ...