Tag: adidas AG
Puma CEO Bjorn Gulden in talks to succeed Kasper Rorsted as Adidas chief
Björn Gulden, Chairman and Managing Director of the sporting goods manufacturer Puma SE, speaks at the company's annual press conference.Daniel Karman [...]
Adidas terminates partnership with Ye following rapper’s antisemitic remarks
Adidas on Tuesday ended its partnership with Ye, formerly known as Kanye West, after the musician made a series of offensive and antisemitic comments. [...]
Adidas boss says LIV Golf a ‘normal evolution,’ wants to focus on player partnerships
Phil Mickelson of the U.S. during the inaugural LIV Golf Invitational at the Centurion Club, Hemel Hempstead, St Albans, Britain, June 8, 2022Paul Chi [...]
Retailers still opening stores despite recession fears
The biggest shopping mall owners in the United States say retailers are still forging ahead with plans to open new stores in spite of growing recessio [...]
Best Buy cuts sales forecast as inflation pressures shoppers
Customers shop at a Best Buy store on August 24, 2021 in Chicago, Illinois.Scott Olson | Getty ImagesBest Buy on Wednesday cut its forecast for its fi [...]
Here’s why a multi-million toy business is venturing into the metaverse
When Jackson Aw was introduced to blockchain technology in 2018, he "didn't get it at all.""Can someone dumb it down even further for me? Like, can yo [...]
Damian Lillard wants to stay with Blazers, co-founds insole company
Damian Lillard #0 of the Portland Trail Blazers speaks to fans during fan appreciation night before the game against the Utah Jazz at Moda Center on A [...]
Honeywell CEO says suspending business in Russia won’t be a major headwind
Honeywell's decision to halt business activities in Russia following the country's invasion of Ukraine is unlikely to cause problems for the company's [...]
Adidas doesn’t know when it will resume Russian operations, CEO says
Adidas CEO Kasper Rorsted told CNBC on Wednesday that it's too soon to know when the company will restart business operations in Russia."I think this [...]
Ralph Lauren CEO says metaverse is way to tap into younger shoppers
Customers exit a Ralph Lauren Corp. store in downtown Chicago, Illinois.Christopher Dilts | Bloomberg | Getty ImagesRalph Lauren CEO Patrice Louvet sa [...]
Nike wins teen vote, but this footwear stock may have an advantage
Footwear and apparel stocks are getting attention.A survey of 10,000 U.S. teens released Tuesday placed Nike in the top spot among their favorite f [...]
Callaway, Dick’s Sporting Goods score with growth of golf
Buckets of golf balls at the driving range at the 2021 TOUR Championship on September 03, 2021 at the East Lake Golf Club in Atlanta, Georgia.Icon [...]
Why golf club-maker Callaway is shifting away from the green
With a report variety of new golfers teeing off in 2020, Callaway, the maker of golf balls, golf equipment, luggage and attire, has been thriving.C [...]
gross sales up 27% regardless of lockdowns
Folks in face masks stroll in a avenue throughout an outbreak of the 2019-nCoV coronavirus.Artyom Ivanov | TASS by way of Getty PicturesLONDON — Ad [...]
Adidas will preserve opening new shops regardless of Covid e-commerce surge: CEO
Adidas CEO Kasper Rorsted informed CNBC that the German sportswear firm will proceed to put money into brick-and-mortar shops, regardless of the gr [...]