Adidas

Adidas sells Reebok to ABG for £1.75bn

Adidas has agreed a deal to sell Reebok for up to €2.1bn (£1.75bn) to American clothing brand Authentic Brands Group…

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Adidas raises FY guidance amid 51% Q2 revenue growth

Adidas has reported a 51% year-on-year growth to group revenues of €5.08bn (£4.33bn) in the second quarter of FY21. The…

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ABG approaches Adidas with £700m Reebok bid

Adidas has reportedly been approached by Authentic Brands Group with a $1bn (£704m) offer to buy global footwear brand Reebok.…

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Adidas reports strong finish to 2020 but warns of Reebok sales hit

Adidas has reported a “strong finish” to 2020, however warned that its profits may be impacted by its decision to…

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Adidas to sell Reebok to focus on core brand

Adidas has confirmed it is to begin a formal sales process for its Reebok brand as it looks to concentrate…

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Gant CEO to return to Adidas as executive board member

Sports fashion retailer Adidas has appointed Brian Grevy as an executive board member, responsible for global brands. Grevy returns to…

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Sports Direct demands Adidas and Nike dominance probe

Sports Direct has called for an investigation into the sportswear industry, over concerns of the dominance of Adidas and Nike.…

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Adidas shares dip despite double-digit growth

Sportswear retailer Adidas saw shares dip by 2.3% in early trading today (8 August), despite the company’s operating profit growing…

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