adidas AG

adidas AG engages in the design, distribution, and marketing of athletic and sporting lifestyle products. It operates through the following geographical segments: EMEA, North America, Greater China, Asia-Pacific, Latin America, and Other Businesses. The Other Businesses segment includes the activities of the Y-3 label and other subordinated businesses. The company was founded by Adolf Dassler in 1920 and is headquartered in Herzogenaurach, Germany.

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Adidas AG (ADDYY) CEO Kasper Rorsted on Q2 2020 Results - Earnings Call Transcript

Coronavirus-fueled office closures have provided a surprising boost to Adidas, which on Thursday announced it expects to return to profitability in the third quarter as more customers dress down as they work from home. The German sportswear giant’s CEO told reporters that customers in the 18-34 age group say they plan to spend more time.

Adidas expects profit rebound as COVID-19 shakes up fashion world

Shares of Adidas AG (ETR: ADS) soared 4% today to hit a 2-month high after the sportswear giant said it expects a rebound in profits in the third quarter. For the second quarter, Adidas reported a big downturn in sales amid the pandemic and lockdown.

Adidas stock price gains 4% on profit expectations

German sportswear firm Adidas said on Thursday it expects a rebound in profits in the third quarter after it plunged to a big loss in the second quarter when the majority of its stores were closed due to coronavirus lockdowns.

Adidas predicts profit rebound after pandemic hit

German sportswear firm Adidas on Tuesday said its supervisory board had extended the contract of Chief Executive Kasper Rorsted until July 31, 2026.

Adidas extends CEO Rorsted's contract for five years

NIKE

Sportswear: Sweet Success Amid COVID-19?

Gap Inc

Kanye West held an unwieldy public event in which he demanded Adidas and Gap put him on their corporate boards, or else he would walk away from his partnerships with those brands.

Watch Kanye West threaten to end Adidas and Gap deals

The athletic footwear and apparel maker’s five-year turnaround plan paid off -- but can it maintain that momentum over the next five years?

Where Will Adidas Be in 5 Years?

Levi Strauss

Ralph Lauren

Fashion brands and retailers re-opening around the world to patchy demand, and carrying unsold stock from spring have cut fall orders by as much as two-thirds in moves spelling more pain for Asian suppliers.

Patchy demand at stores spells more pain for garment suppliers

Racism and a lack of diversity in retail is nothing new and the high profile resignation of the human resources boss at Adidas serves to highlight that eradicating it is still a journey to be travelled

Human Resources Boss At Adidas Quits As Diversity Continues To Dominate The Retail Agenda

Adidas' global head of human resources, Karen Parkin, is leaving the company less than a month after a group of employees reportedly asked the company to investigate her for alleged racial discrimination.

Adidas executive who described racism discussions as 'noise' is stepping down

Karen Parkin, Executive Board Member Global Human Resources, To Step Down from adidas Executive Board (Adidas).

Adidas HR Chief Steps Down Amid Diversity Concerns

The head of human resources at Adidas has stepped down after a group of employees called for an investigation over her handling of racism at the company which she had described last year as "noise" only discussed in America.

Adidas HR head steps down after race row

Denny's

Ford Motor Company

Major advertisers are continuing to join the "#StopHateForProfit" campaign, promising to stop Facebook ad spend to ramp up pressure on the social media platform against hate speech and misinformation.

Ford, Adidas and Denny's join the growing list of companies pausing Facebook ad spending

Clorox

Adidas, Ford, Clorox—And All The Other Major Companies Boycotting Facebook

Adidas  rejected on Wednesday a call by employees to investigate the German sportswear brand's human resources chief over her handling of racism at the company after she described it last year as "noise" only discussed in America.

Adidas rejects investigating HR chief in race row

Black employees at the sportswear company say they do not feel safe, and are calling on Adidas to apologize and step up

Adidas Employees Urge Investigation Into HR Chief Amid Concerns About Response To Racism Complaints

A group of Adidas employees from around the globe is asking the company to investigate its chief human resources officer, as part of a broader effort to push the company to take additional actions to address racial inequality within its ranks.

Adidas employees want company to investigate HR chief for response to racial issues

Adidas recently pledged to work on its diversity and inclusion efforts but some employees are unsure of the actual intent of these promises.

Adidas Lags Behind Nike And Puma In Terms Of Diversity And Inclusion

The sneaker giant Adidas has pledged that at least 30% of new U.S. jobs in its eponymous and Reebok divisions will go to African American and Latinx people.

Adidas pledges to hire more black and Latinx workers in the U.S.

German sportswear brand Adidas  has pledged to invest $20 million in the black community in the United States and make sure that at least 30% of all new U.S. jobs are filled with black and Latino people at its Adidas and Reebok brands.

Adidas pledges to hire more black and Latino staff

A new hiring initiative at Adidas is aiming to increase the representation of people of color in its North American workforce.

Adidas says at least 30% of new US positions will be filled by black or Latinx people

Glassman named the assertion that racism is a critical public health issue “Floyd-19.”
Twenty-four hours after posting a tone-deaf tweet about the systemic racism in America, CrossFit CEO Greg Glassman has issued an apology.

CrossFit CEO Greg Glassman apologizes for ‘FLOYD-19’ tweet after getting dumped by Reebok

German sportswear firm Adidas  said on Thursday that sales had returned to growth in greater China faster than it had expected after the coronavirus lockdown, while the reopening of business in Europe and the Americas was going more gradually.

Adidas says China sales back to growth faster than expected

Allbirds’ material innovation meets Adidas’s manufacturing might.
Six-year-old sneaker startup Allbirds is collaborating with the 70-year-old sporting giant Adidas to design a performance sports shoe with what the brands believe will be the world’s lowest carbon footprint.

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