The end of the partnership hit Adidas hard in the near-term: For the full year 2023, sales were down nearly 5%, and the sportswear giant posted its first annual loss in more than 30 years.

Between July and September, sales totalled 6.4 billion euros ($7 billion), a seven-percent increase on the same period last year, the group said in a statement. Meanwhile, Adidas's third-quarter ...

Adidas is outperforming cross-town rival Puma and the goal is to close the gap to Nike, which remains the industry leader despite its struggles. Post-Yeezy Era All regions, sales channels and ...

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As it gains momentum in its turnaround, Adidas is having some turnover in its top ranks. The sports apparel brand said that Arthur Hoeld, its top executive responsible for global sales ...

adidas on Tuesday increased its 2024 sales forecast after reporting better-than-expected results in the third quarter of this year, according to Reuters. This is the third time that the German ...

BERLIN (Reuters) - Adidas' board member for global sales, Arthur Hoeld, will step down from the German sportswear company's executive board at the end of October, it said in a statement on Friday.

Adidas now sees sales growing 10% this year Profit forecast to hit 1.2 bln euros Third-quarter sales up 7% to 6.438 bln euros Oct 15 (Reuters) - Adidas (ADSGn.DE), opens new tab on Tuesday raised ...

(Reuters) - Adidas saw strong growth in Greater China in the third quarter, while sales in North America excluding Yeezy shoes were up thanks to improving brand image, the company said on Tuesday. The ...