Voices (Free subscription) | 12/01/2009
Li Ning Co., China's leading sportswear company, is betting that selling sneakers and clothing online will give it an edge against giant rivals like Nike Inc. and Adidas AG, an example of how established consumer companies in China are finally starting to embrace the Web after years of ceding electronic commerce to Internet upstarts.
People Daily (Free subscription) | 11/11/2009
Cristiano Ronaldo, soccer's most expensive player, can't match the sales boom David Beckham triggered at Real Madrid. Sales of Adidas AG team jerseys are as much as 75 percent lower than when Beckham joined in 2003, according to managers of six sports apparel stores in Madrid. Vendors say Spain's worst recession in 60 years and an unemployment rate of 19.3 percent is to blame. "The year Beckham...
People Daily (Free subscription) | 11/05/2009
European stock markets recovered yesterday, helped by upbeat earnings reports across the region. The FTSE 100 index of leading British shares was up 34.03 points, or 0.7 percent, at 5,071.24 while Germany's DAX rose 78.24 points, or 1.5 percent, at 5,431.59. The CAC-40 in France was 45.89 points, or 1.3 percent, higher at 3,630.14. Sentiment was buoyed by forecast-busting earnings from the likes of...
Boston Herald (Free subscription) | 11/04/2009
FRANKFURT - German sportswear company Adidas AG said Wednesday its net income fell 30 percent in the third quarter as it saw sales decline, especially at its sport performance...
Market Watch (Free subscription) | 11/04/2009
TEL AVIV (MarketWatch) -- Adidas AG, the Herzogenaurach, Germany, sportswear and footwear producer, reported that third-quarter net income attributable to shareholders fell 30% to 213 million euros ($313.5 million), or 1.03 euros a share, from 302 million in the year-earlier quarter. Gross-profit margin narrowed 3.7 percentage points to 45.3% from 49%, "as a result of higher clearance sales,...
Chicagoist (Free subscription) | 10/11/2009
Naperville attorney W. Brand Bobosky is claiming that he came up with "We Not Me" a recent ad campaign used by Adidas. Bobosky is suing the sportswear company for using his copyrighted slogan in their campaign. The multimillion-dollar advertisements featured NBA star Kevin Garnett of the Boston Celtics. Bobosky told the Chicago Sun Times that he tried to negotiate a licensing agreement with...
Just Style (Free subscription) | 10/06/2009
The Drinnon Law Firm has announced a federal trademark and copyright lawsuit against Adidas AG and the NBA Store, over the company's "We Not Me" national multimedia advertising campaign.
Market Watch (Free subscription) | 10/06/2009
FRANKFURT (MarketWatch) -- The luxury sector was upgraded Tuesday to neutral from bearish by analysts at Nomura Equity Research, who said that while the decline in luxury sales has been "particularly pronounced and sudden, trends appear to be stabilizing." Nomura upgraded its rating on Adidas AG to buy from reduce, saying that there is strong 2010 earnings growth potential and the valuation...
iMod (Free subscription) | 09/17/2009
In support of the peace initiative PEACE ONE DAY the two sportswear companies adidas and PUMA will shake hands for the first time after six decades. As a sign of amicable cooperation, employees of both companies will play football together on Peace Day, 21 September, and subsequently watch the movie “The Day after Peace” by Jeremy Gilley, director and founder of PEACE ONE DAY. These events...
EuroInvestor.co.uk (Free subscription) | 09/04/2009
* Identified as Global Supersector Leader for 2nd consecutive time * Named as Industry Leader for 7th consecutive time Herzogenaurach - For the 10th consecutive time, adidas AG has been selected to join the Dow Jones Sustainability Indexes (DJSI), the world's first global sustainability index family tracking the performance of the leading sustainab..
San Fransisco Chronicle (Free subscription) | 08/05/2009
Sportswear company Adidas AG said Wednesday that its second-quarter net profit fell 93 percent as currency effects and tough competition weighed on earnings. The Herzogenaurach, Germany-based company said net profit in the April-June period dropped to euro9... Sponsored Topics: Net profit - Programming - Component Frameworks - NET - Tools
San Diego Union (Free subscription) | 08/05/2009
Sportswear company Adidas AG said Wednesday that its second-quarter net profit fell 93 percent as currency effects and tough competition weighed on earnings.
Seattle Post-Intelligencer (Free subscription) | 08/05/2009
FRANKFURT -- Sportswear company Adidas AG said Wednesday that its second-quarter net profit fell 93 percent as currency effects and tough competition weighed on earnings.
Just Style (Free subscription) | 06/11/2009
The collapse into bankruptcy protection earlier this week of retail and travel group Arcandor AG , owner of Germany's largest department store chain, wasn't a surprise. The company, which operates department store chain Karstadt and mail-order business Primondo, had been trying - and failing - to restructure its business for the past four years, with little to show except heavy debts. The retailer,...
Just Style (Free subscription) | 06/10/2009
German sportswear giant Adidas AG expects to generate double-digit sales growth in South Africa next year, boosted by its role as official sponsor of the football World Cup.
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