A group of 76 brands of clothing and footwear, including Nike Inc., Adidas AG, Skechers Inc., and Under Armour Inc., sent a letter to United States President Donald Trump and asked to be exempt from his tariffs, CNBC reported on Friday.The letter was said to have been sent through the Footwear...
Adidas AG reported on Tuesday that its net sales in the first quarter of 2025 amounted to €6.15 billion, climbing 12.7% compared to the same period a year earlier and coming in slightly above the company's preliminary estimate.Net income attributable to shareholders soared 151.3% to €428 million...
Adidas AG reported on Wednesday that its net sales grew by 24% to €5.96 billion during the fourth quarter of fiscal 2024.The company's operating profit landed at €57 million compared to the €377 million loss from the fourth quarter a year earlier. Net loss attributable to shareholders stood at €39...
Amazon.com, Inc. announced Thursday that it is expanding its Buy with Prime service to include adidas.com and the adidas app, offering US Prime members access to more brands beyond Amazon's marketplace. The service allows shoppers to use their Prime benefits, such as "fast, free delivery,...
Adidas AG announced on Tuesday its revenue in the third quarter of the fiscal year 2024 observed an annual rise of 7.3% to reach €6.5 billion. Meanwhile, the currency-neutral revenue grew by 10% compared to the same trimester the previous year. The sportswear company's gross profit...
Adidas AG announced on Tuesday its revenue in the second quarter of the fiscal year 2024 observed an annual rise of 9% to reach €5.82 billion when calculated in euros. Meanwhile, the currency-neutral revenue grew by 11% compared to the same trimester the previous year. The sportswear...
Adidas AG unveiled its upgraded guidance for fiscal 2024 on Tuesday, projecting to garner around €1 billion in operating profit this year, compared to the previous estimate of €700 million, after better-than-expected second-quarter earnings.
Adidas recorded revenue of €5.822 billion in the second...
Adidas AG announced on Tuesday its revenue in the first quarter of the fiscal year 2024 observed an annual rise of 4% to reach €5.46 billion when calculated in euros. Meanwhile, the currency-neutral revenue grew by 8% compared to the same trimester the previous year.The sportswear...
Shares of Adidas AG surged by 6% on Wednesday after the company revealed better-than-expected preliminary financial results for the first quarter of fiscal 2024.
According to the report, the company's revenues stood at €5.458 billion in the first trimester, increasing by 4% compared to the same...
Adidas AG reported on Wednesday that its net sales declined by 7.6% to €4.8 billion during the fourth quarter of fiscal 2023.The company's operating loss landed at €377 million compared to the €724 million loss from the fourth quarter a year earlier. Net loss attributable to shareholders stood at...
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