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Adidas reports higher sales, modest profit rise

Last Updated: Thursday, August 6, 2015, 14:08

Net profit in the April through June period was up 1.4 percent compared to the second quarter last year to 146 million euros ($159 million), the company said, in line with expectations.

Adidas reports higher sales, modest profit rise

Last Updated: Thursday, August 6, 2015, 14:08

Net profit in the April through June period was up 1.4 percent compared to the second quarter last year to 146 million euros ($159 million), the company said, in line with expectations.

Adidas seeks permission to run company-owned stores in India

Last Updated: Thursday, July 16, 2015, 17:38

At present, Adidas -- which globally manufactures and sells sports shoes, apparels and accessories -- is selling its range of products through its network of franchisees.

Adidas talks tech, to take Omni to all of India

Last Updated: Wednesday, June 17, 2015, 18:13

Keen to cash in on the online shopping boom, the Adidas Group will soon roll out Omni-channel model, a new mode of technology, at its retail outlets in Punjab.

Adidas targets faster sales and profit growth from 2016

Last Updated: Thursday, March 26, 2015, 12:49

German sportswear company Adidas hopes to increase sales and profitability at a faster rate in the next five years by focusing its marketing on six global cities, selling more direct to customers and expanding product customisation.

Adidas expects sales and profit growth as golf unit recovers

Last Updated: Thursday, March 5, 2015, 12:57

For 2015, it said it expected sales to rise at a mid single-digit rate on a currency neutral basis, while net profit from continuing operations should increase by 7-10 percent.

Adidas India appoints Damyant Singh as Brand Director

Last Updated: Sunday, February 8, 2015, 16:09

German sportswear major Adidas Group has appointed Damyant Singh as its Brand Director in India.

Adidas says profits hit by falling ruble, divestment

Last Updated: Friday, January 23, 2015, 15:19

Adidas, the German maker of sportswear and equipment, said Friday it met its 2014 targets, but earnings were hit by special factors such as the falling ruble and the sale of its Rockport brand.

Adidas to give away Brazil WC soccer balls to babies born on Dec 3, 2013

Last Updated: Sunday, December 1, 2013, 12:48

Adidas has said that it will give away footballs to all babies born in Brazil on Tuesday, the day it unveils the ball that will be used at next year`s World Cup tournament.

Newborns to receive free World Cup match ball

Last Updated: Saturday, November 30, 2013, 17:00

Brazilian children born next Tuesday (Dec 3) will receive an official 2014 World Cup match ball from Adidas, who are one of the chief sponsors of world football body FIFA.

Kanye West joins hands with Adidas

Last Updated: Wednesday, November 27, 2013, 08:21

Rapper Kanye West has ended his deal with sportswear brand Nike and tied up with rival company Adidas to "provide for his family".

Reebok India fraud 'deep in the past': Adidas India MD

Last Updated: Friday, November 15, 2013, 21:06

Terming last year's Rs 870 crore fraud at its arm Reebok India as a 'thing in the past', Adidas India MD Eric Haskell has said the company is now focused on building the brand and driving growth.