adidas
Adidas seeks to boost fortunes through new strategic plan
German sportswear giant Adidas has unveiled a new strategic plan through to 2020 which aims to accelerate product development and focus consumer spending on some of the world’s biggest cities.
Adidas launches search for new CEO
German sportswear giant Adidas has launched a formal search for a successor to long-serving chief executive Herbert Hainer.
Old Games, New Tricks
As the Internet of Things expands, the sports industry finds new ways to improve the immersive experience of sport and increase the performance of both elite and recreational athletes. Elisha Chauhan spoke to leading experts in technology, both inside and outside of sport, to find out what major technological innovations could shape the industry in the next decade.
Adidas beats sales expectations, sells Rockport brand
German sportswear giant Adidas has reported a better-than-expected two per cent increase in 2014 sales and said it would meet its profit target as it announced the sale of its Rockport brand in a bid to increase its focus on the sports market.
Adidas seeks to make up lost ground with US endorsement drive
German sportswear giant Adidas has been given the green light to ramp up its presence in the NFL American football and MLB baseball player endorsement market in a bid to bolster its position in the US.
The Leader: Antonio Zea
Antonio Zea, director for global football innovation at adidas, writes exclusively for SportBusiness International about being at the forefront of football’s technological revolution.
Adidas tackles investor concern with share buyback
German sportswear giant Adidas has announced plans to return as much as €1.5bn ($1.92bn) to shareholders over the next three years as it seeks to address concerns over its underperforming share price.
Adidas to splash out on marketing
Sportswear giant Adidas is set to spend at least €100m ($136m) more on marketing after issuing a profit warning last week.
International tensions force rethink on Adidas plans
Adidas has lowered its profit expectations for the full year after citing the impact on the sportswear company of the political tensions surrounding Russia.
888poker axes Suarez
Online gaming company 888poker has scrapped its endorsement deal with Luis Suarez after the Uruguay striker was banned yesterday (Thursday) by football’s world governing body Fifa for biting an opponent.
Adidas set to stick with Suarez
German sportswear giant Adidas has pulled all Fifa World Cup advertising featuring Luis Suarez and said it would remind him of the “high standards” it expects from its ambassadors, but has stopped short of dropping the Uruguay forward after he was banned by world football’s governing body today (Thursday).
Adidas to hit 2014 football sales target
German sportswear company Adidas has reported that it will “definitely” achieve its goal of €2bn ($2.7bn) in football sales this year, with the ongoing Fifa World Cup helping boost demand for products.
Adidas marketing chief joins Leaders Sport Business Summit
Nicole Vollebregt, senior vice-president of global brand marketing at sportswear company Adidas, has been unveiled as a speaker at the seventh edition of the Leaders Sport Business Summit on October 8-9 at Stamford Bridge in London.
Fifa sponsors enter debate over World Cup allegations
Fifa’s commercial partners have waded into the debate over the governing body’s handling of the bidding process that led to the award of the hosting rights for football’s 2022 World Cup to Qatar.
Adidas outlines World Cup revenue targets
German sportswear company Adidas said it expects this summer’s Fifa World Cup national team football tournament to help boost sales by up to eight per cent.
Adidas extends Hainer’s tenure as CEO
German sportswear and equipment giant Adidas has extended the contract of chief executive Herbert Hainer for another two years.
United confirms talks with ‘multiple’ kit providers
English Premier League club Manchester United has confirmed it is in talks with several different sportswear companies with a view to sealing a new kit partnership deal for the start of the 2015-16 season.
Adidas appoints new head of global brands
Eric Liedtke has been appointed to the executive board of Adidas, where he will be responsible for the sportswear giant’s global brands.