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.

As 2025 begins to a hot start filled with sneaker announcements of releases coming up, sneakerheads who are into the ...

Not even two years after Kanye West’s net worth nosedived to $500 million, he has waltzed back into the billionaire’s club ...

The layoffs will affect employees at Adidas’ headquarters in Herzogenaurach, Germany, and represent nearly 9% of the 5,800 ...

Adidas is planning a restructuring of its headquarters in Herzogenaurach, Germany, putting hundreds of jobs at risk.

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

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

If you’re wondering why buying the latest pair of racing shoes can feel like trying to score Taylor Swift tickets, you’re not ...

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

German sportswear giants Adidas and Puma have both announced they are seeking to reduce costs, including through possible job ...

According to the German athletic company’s preliminary results for Q4 2024, Adidas saw revenues grow 24 percent in the period ...

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