Adidas

Castore in $200m fundraising talks in bid to rival Nike and Adidas

Sportswear brand Castore is reportedly in talks with investors about a $200m (£166m) fundraising deal as it aims to compete…

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Adidas lowers guidance amid Kanye West split

Adidas has announced that it expects its revenues to drop at least €1.2bn (£1.1bn) as a result of its split…

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Adidas lowers forecast amid Yeezy split

Adidas has lowered its full year guidance for FY22 with total revenues now expected to grow at a low-single-digit rate…

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Adidas and Gap end ties with Kanye West amid anti-semitic rant

Adidas has ended its working partnership with rapper Kanye West, saying it “does not tolerate antisemitism”, after West published offensive…

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Adidas CEO Kasper Rorsted to step down in 2023

Adidas AG has announced that it has initiated a CEO transition as its current chief executive, Kasper Rorsted, will step…

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Adidas lowers full year forecast as Q2 profits drop 27.9%

Adidas has reported that its operating profits dropped 27.9% year-on-year from €543m (£454.5m) to €392m (£328.1m) in the second quarter…

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JD Sports opens Gateshead flagship store

JD Sports has opened its latest flagship store at Gateshead’s Metrocentre on 25 June. The store is 18,000 square feet…

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Original Factory Shop mulls sale amid bid offers

The Original Factory Shop (TOFS) is reportedly mulling a sale after the discount retailer was approached with a “number” of…

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Amazon Fashion launches Virtual Try-On for Shoes on iOS

Amazon Fashion has announced the launch of Virtual Try-On for Shoes, an interactive mobile experience that “uses augmented reality to…

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Sportsshoes.com appoints former In The Style chief as CTO

Online running shoes, running clothing and outdoor gear retailer SportsShoes.com has hired a former chief technology officer (CTO) of online…

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