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Adidas CEO: Q1 results will show firm is 'back in full swing'

Published Sun, May 3, 2015 · 09:50 PM

Berlin

ADIDAS'S beleaguered chief executive, Herbert Hainer, has defended his record, saying that first-quarter results next week will show the German sportswear company made a great start to 2015.

Mr Hainer, CEO since 2001, faced calls to step down last year after a series of profit warnings and as the company has lost ground to US rival Nike. The board said in February that it had launched a formal search for a successor even though …

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Companies & Markets

Adidas CEO: Q1 results will show firm is 'back in full swing'

Consumer & Healthcare

Gazelle Ventures makes cash offer for No Signboard shares at S$0.0021 apiece

P&G raises annual core profit forecast on resilient demand, price hikes

Cordlife calls for trading halt after shares sink to all-time low, pending announcement

Marina Bay Sands Q1 profit surges 51.5% to US$597 million on tourism boom

Swiss watch exports plunge as China and Hong Kong demand dries up

Cutting the cord?: Events leading up to Cordlife’s MOH suspension and arrests of its directors, ex-group CEO

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