Adidas
Adidas sees 120-million-euro Trump tariff hit
[FRANKFURT] German sportswear giant Adidas said Wednesday (Oct 29) that it expected US President Donald Trump’s tariff blitz to cost it 120 million euros (S$180.7 million) for the year.
Consumer companies confront tariff pricing dilemma
FROM toys to sneakers and diapers, consumer goods are the focus of a range of company strategies to blunt the impact of US tariffs - depending on the size of their customers’ wallets.
Adidas reports hit from US tariffs
But it reported second-quarter net profit at 369 million euros, up from 190 million a year earlier
Adidas, Puma eye running shoe revival as tariff threats loom
Reviving demand is seen as critical for the companies, whose share prices have been battered in recent months, to cushion the impacts of potential US levies on key supply hubs
Adidas, Puma family feud to be turned into TV series
Hollywood-based film producer No Fat Ego is backing the project, which has the blessing of the family behind the Adidas empire
Nike, Adidas call on Trump to exempt footwear from tariffs
[NEW YORK] A trade association representing footwear producers has asked the Trump administration to consider tariff exemptions for its products, saying the levies will drive up the cost of shoes in t...
Adidas holds back on profit upgrade due to tariff uncertainty
Unexpected US tariffs on Vietnam, Indonesia blindside sportswear brands reliant on regional manufacturing
Nike Killshot is the next Adidas Samba
The American sportswear company needs something to cushion the blow from clearing out old models. But rival Adidas won’t give it an easy ride.
Adidas to cut 500 jobs, says Yeezy trainers are history
GERMAN sportswear giant Adidas said on Wednesday (Mar 5) it will cut up to 500 jobs as it looks to continue its revival and turn the page on a messy split with US rapper Kanye West.
Adidas sees growth at high single-digit rate in 2025
It expects annual revenues to increase at a high single-digit rate in currency-neutral terms, lower than the 12 per cent growth it delivered last year