Bad news for employees at shoe and athletic wear giant Adidas ($ADDYY), as word emerged about substantial layoff plans to hit the company’s ...

The chief executive officer Bjoern Gulden of Adidas AG will cut 500 roles based at its headquarters in Herzogenaurach as the company outperformed projected sales for the retro sneakers.

GERMAN sportswear giants Adidas and Puma have both said they are seeking to reduce costs, including through possible job cuts ...

Stocks climbed alongside the dollar and bonds, with traders focusing on prospects President Donald Trump’s policies will ...

Stocks climbed as President Donald Trump struck a better-than-feared tone on global trade and speculation grew that his ...

Adidas reported a strong close to 2024, with preliminary fourth-quarter results showing a 19% increase in currency-neutral ...

Nike seems more focused on regaining its prowess in athletic footwear, with new versions of Alphafly and Pegasus — the ...