CEO Bjørn Gulden stressed that they have not been implemented yet, though, and the retailer will follow the lead of others in ...

Adidas AG (ADDDF) reports a robust first quarter with significant sales growth and improved profit margins, despite facing ...

The company’s gross margin improved 0.9 percentage points to 52.1% (2024: 51.2%). The year-over-year increase of the gross margin for the adidas brand was even stronger at 1.6 percentage points.

The company completed its final sale of Yeezy stock at the end of last ... uncertainties and shifts in consumer sentiment. Adidas will release complete quarterly results on April 29.

The “dramatic and unfortunate end” of Adidas AG‘s partnership with the designer and rapper Kanye West and his Yeezy ...

weighed down by the phaseout of the Yeezy line. By contrast, revenue grew 14 percent in Europe and 13 percent in China, helping Adidas nearly double its quarterly profit to 610 million euros ...

The group developed the popular Yeezy line of trainers with West but halted the collaboration in late 2022 after the rapper sparked anger with anti-Semitic outbursts online. Adidas was robbed of ...

The Arena Media Brands, LLC and respective content providers may receive compensation for some links to products and services on this website. How the mighty have fallen. Adidas Yeezy sneakers are ...

(Reuters) -German sportswear and apparel maker Adidas on Wednesday reported first-quarter sales and profit above expectations ...