Adidas

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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Don’t relapse into a brick-and-mortar mentality

Despite vaccines being rolled out and there being some semblance of light at the end of the tunnel, the situation…

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Thomas Rabe appointed Adidas chairman

Adidas has appointed Thomas Rabe, CEO of Bertelsmann, as chairman of the company’s supervisory board. He will succeed Igor Landau…

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Adidas extends CEO contract by five years

Adidas has announced it has extended the contract of its CEO Kasper Rorsted by a further five years. Rorsted has…

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Adidas and Puma Chinese sales hit by coronavirus outbreak

Sportswear retailer Adidas has warned sales in its first quarter of its financial year would decrease as much as €1bn…

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Hugo Boss appoints Heiko Schäfer as COO

Fashion retailer Hugo Boss has announced the appointment of Heiko Schäfer as its chief operating officer (COO). As COO he…

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New £90m north-east retail development secures 23 brands

Plans to build a new £90m outlet shopping and leisure destination in the North of England have been unveiled, along…

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Adidas to appoint Thomas Rabe as new chairman

Sportswear brand Adidas has said in a statement it intends to appoint Thomas Rabe as its new chairman, following a…

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Shoppers could ‘lose out’ in JD Footasylum merger, says CMA

The Competition and Markets Authority (CMA) has provisionally found that the proposed £90m takeover of Footasylum by sportswear rival JD…

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