Companies Adidas slumps as weak profit outlook follows currency hit German sportswear giant said the swings against it will lead to lower earnings
Banking Revolut expands share trading offering with addition of 70 European listed companiesThe British fintech company said users can now trade shares in more than 70 European public companies such as Adidas
Companies Adidas chief says Ye didn’t mean his antisemitic remarksBjorn Gulden says he doesn’t think artist formerly known as Kanye West is a ‘bad person’
Connected Magazine 3D printing makes it in the real worldAdditive manufacturing has gone mainstream, being used to create product parts that would be impossible or too expensive to make otherwise
Sport Man Utd’s £900m deal with Adidas demonstrates club’s enduring global appealDespite lacklustre performance on the field and an uncertain future, the club can evidently still draw big-bucks sponsorship
Sport Adidas extends jersey sponsorship deal with Man U to 2035The deal is valued at least £900 million
Companies Federer-backed shoemaker drops as revenue surge fails to impressDespite eating into market share of bigger rivals like Adidas and Nike, On’s shares dropped 10 per cent in New York trading
Companies ‘Burning them is not the solution’: Adidas floats sale of Yeezy stock, may donate profit to NGOs“What we are trying to do over time is to sell parts of these goods and then donate to organisations that help us and that also have been hurt by Kanye’s statements,” company’s CEO said
Retail Adidas reviewing options for €1.2bn pile of unsold Yeezy stock, but fortunes are looking upWhile the German sneaker maker still expects to post a loss of €700 million this year if it can’t sell the Yeezy products, it says it’s making headway in improving operations and relations with suppliers and retailers
Companies Adidas hit with investor lawsuit over broken Ye partnershipInvestors claim senior executives at the company discussed the risks Adidas faced continuing its relationship with the rapper as early as 2018
collaborations Prime partners: Gucci and Adidas are back with another collaborationThe second collaboration from the two behemoth brands boasts an impressive selection of ready-to-wear, footwear, and accessories
Fashion News Beyoncé and Adidas end creative partnership following sales declineSince hitting the market in 2020, the collaboration has produced sales figures that were well below Adidas’ expectations
The Big Picture Vincent Boland: The Adidas-Ye fiasco is a cautionary tale for brands signing starry mega-dealsAs Adidas is discovering to its cost after falling out with Kanye West, a badly judged corporate-celebrity relationship can be damaging to the bottom line as well as to reputation
Companies Adidas Ireland reports surge in sales to €54m after opening Irish retail store Company’s most recent accounts show a post-pandemic bounce, with an increase in wholesale trading and online sales as well as its new Kildare Village outlet