World Footwear

adidas

adidas nearly doubles e-commerce sales

Aug 13, 2020 / Germany
The second quarter was marked by revenue down by 34%, as a result of the COVID-19 pandemic and the very large number of store closures. At the same time, the company experienced exceptional growth in online sales

Changes at adidas Supervisory Board

Aug 10, 2020 / Germany
Thomas Rabe is the new Chairman of the Supervisory Board – Igor Landau’s term of office ends after 16 years – and Christian Klein was newly elected to the Supervisory Board

Kasper Rorsted confirmed as CEO of adidas for more 5 years

Aug 6, 2020 / Germany
The Supervisory Board of adidas AG has extended the appointment of Chief Executive Officer Kasper Rorsted by another five years until the 31st of July 2026. Kasper Rorsted has been a member of the adidas Executive Board and the company's CEO since 2016

Nike, Zara and adidas are the most valuable fashion brands

Jul 17, 2020 / World
The BrandZ top 100 ranking of the world’s most valuable brands, released by WPP and Kantar, listed the Germany-based brand as number one brand in the apparel category. Nike is followed by European-based brands Zara and adidas

adidas: business in China returns to growth

Jun 4, 2020 / China
In Greater China, adidas' first major market on the road to recovery, all stores have been open since mid-April. While store traffic remained below the prior year level in May, sales returned to growth

adidas gets approval for syndicated loan involving state-owned bank

Apr 22, 2020 / Germany
The sportswear giant received the approval of the German government for the participation of KfW, Germany’s state-owned development bank, in a syndicated revolving loan facility amounting to 3.0 billion euros

Pou Chen: Vietnam operations suspended for two days

Apr 15, 2020 / Vietnam
The world’s largest manufacturer of athletic shoes, has been ordered to suspend production at its Pouyuen Vietnam business over Covid-19 concerns

adidas commercial activity in China falls 85% due to coronavirus

Feb 21, 2020 / China
The German-based sporting goods firm announced that its commercial activity in the Greater China region has decreased by about 85% since the Chinese New Year

H&M wins over adidas in a nearly 25-year long legal dispute

Feb 11, 2020 / Netherlands
For more than 2 decades, adidas and H&M have been involved in a legal battle over the stripes

adidas uses more than 50% recycled polyester in its products

Jan 28, 2020 / Germany
This year adidas reaches a significant milestone on their road to sustainability: in 2020, for the first time, more than half of the polyester used in adidas products will come from recycled plastic waste

Prada for adidas limited edition

Nov 28, 2019 / Italy
Prada and adidas unveil the first release of their partnership: the Prada Superstar sneaker and the Prada Bowling bag for adidas on sale as a duo from the 4th of December onwards

adidas is moving automated factories to China

Nov 13, 2019 / Germany
The Germany-based sportswear brand will close Ansbach and Atlanta Speedfactories. The aim is to deploy the Speedfactory technology at Asian suppliers by end of 2019

adidas and Prada in collaboration

Nov 8, 2019 / United States
The announcement was made on Instagram with a suggestive tag and comment: #Pradaforadidas Coming soon.

24 new companies join the Fashion Pact

Oct 29, 2019 / France
Signatory companies of the Fashion Pact have met in Paris for a first working meeting and 24 more companies joined the group

adidas launches sneaker through Snapchat video game

Oct 21, 2019 / Germany
For the release of its new baseball cleat the Germany-based sportswear giant has created a video game and partnered with Snapchat
Page 1 of 4