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3Vote!

Stocks up on upbeat earnings

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...

5Vote!

Adidas Q3 net income falls 30 pct

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...

4Vote!

Adidas 3rd-quarter net down 30%, revenue off 6%

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,...

5Vote!

Naperville Lawyer Claims Adidas Ripped Off Slogan

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...

3Vote!

US: Copyright suit filed over Adidas ad campaign

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.

4Vote!

Nomura upgrades luxury goods, Adidas and Luxottica

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...

3Vote!

PUMA and Adidas coming together for peace

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...

3Vote!

adidas AG included in Dow Jones Sustainability Indexes for 10th consecutive time

* 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..

5Vote!

Adidas Q2 net profit falls 93 percent

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

5Vote!

Adidas Q2 net profit falls 93 percent

Sportswear company Adidas AG said Wednesday that its second-quarter net profit fell 93 percent as currency effects and tough competition weighed on earnings.

5Vote!

Adidas Q2 net profit falls 93 percent

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.

3Vote!

End of the line for Arcandor?

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,...

3Vote!

GERMANY: Adidas eyes football market growth in 2010

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.

4Vote!

Adidas AG Taps Executives

Adidas AG on Wednesday named top executives to head sales and retail at its Adidas and Reebok brands.

3Vote!

GERMANY: Adidas fills top sales and retail posts

Sporting goods group Adidas AG today (20 May) named the two executives who will oversee sales and retail for its Adidas and Reebok brands as it tries to strengthen links with consumers in local markets.