adidas AG

adidas AG engages in the design, distribution, and marketing of athletic and sporting lifestyle products. It operates through the following geographical segments: EMEA, North America, Greater China, Asia-Pacific, Latin America, and Other Businesses. The Other Businesses segment includes the activities of the Y-3 label and other subordinated businesses. The company was founded by Adolf Dassler in 1920 and is headquartered in Herzogenaurach, Germany.

Earnings data Q1 2021

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NIKE

Nike on Wednesday (Dec. 8) filed a complaint with the U.S. International Trade Commission, asking it to block imports of 49 Adidas shoe designs that use Primeknit technology, saying they infringe upon six Nike patents related to its Flyknit design technology. Last year, Adidas was unsuccessful in its attempt to invalidate two of the Nike […]

Nike Says Adidas Shoe Imports Infringe on Patents

"The metaverse is currently one of the most exciting developments in digital, making it an interesting platform for adidas," the company told Insider.

Adidas wades into the metaverse in partnership with Bored Ape Yacht Club and other NFT communities

A leading sportswear company could be betting big on the growth of NFTs and the Metaverse, with several partnerships announced and hinted at over the last week. What Happened: Apparel and footwear company Adidas AG (OTC:ADDYY) has been active in the non-fungible token and Metaverse space.

Adidas Teams With Bored Ape Yacht Club, PUNKS Comic NFTs: What We Know So Far

Amazon

Amazon's (AMZN) AWS is chosen by adidas as the preferred cloud provider for SAP workloads.

Amazon's (AMZN) AWS Clientele Expands With adidas' Selection

The impact of prolonged factory shutdowns in Vietnam is likely going to be worse than retailers have planned for, according to analysts at BofA Securities.

Factory shutdowns in Vietnam could have longer impact for apparel and footwear retailers, BofA warns

adidas AG (ADDYY) CEO Kasper Rorsted on Q3 2021 Results - Earnings Call Transcript

German sportswear giant Adidas is expecting its sales to take a €1 billion ($1.2 billion) hit over the next two quarters because of factory closures in Vietnam and supply chain bottlenecks that are expected to continue into the early part of 2022. Even as factories continue to ramp up production again, Adidas does not expect […]

Adidas Expects $1.2B Hit to Sales as Supply Constraints Rage On

Closure of Vietnam factories and Covid-19 restrictions in China hurt sales, with operating profit down 8.5% in the third quarter.

Adidas Cuts Targets Amid Supply-Chain Snags and Falling Chinese Sales

Adidas AG said Wednesday that revenue growth slowed in the third quarter as supply squeezes and a difficult environment in China dragged sales, and that it now expects its full-year top and bottom lines to be at the lower end of guidance.

Adidas cuts guidance as revenue growth on supply issues, tough China market

German sportswear company Adidas pared its full-year forecasts for sales and profits due to sourcing disruptions and the challenging market environment in China after its third-quarter results missed average analyst expectations.

Adidas trims 2021 forecast on sourcing disruptions

thredUP

ThredUp Inc. TDUP, -0.81% has partnered with Adidas AG ADS, +1.97% for the athletic brand's Choose to Give Back resale program, which will allow shoppers to send used items from any brand to ThredUp through the Adidas app in order to be reused or resold. The program will roll out on the website and in stores in 2022.

Adidas partners with ThredUp for resale program

Carter's

CRI vs. ADDYY: Which Stock Is the Better Value Option?

Crocs

Deckers Outdoor

Skechers U.S.A.

An in-depth look at the leading shoe stocks in the U.S stock market this year. Here's what you need to know.

Investing in Shoe Stocks

Foot Locker

Foot Locker Inc., Adidas AG and Buckle Inc. are among the latest companies to cite headwinds from COVID-related facility shutdowns in Vietnam that could put inventory levels at risk in the coming months.

Foot Locker and Adidas join list of companies citing COVID-related supply chain challenges in Vietnam heading into the holiday shopping season

Half-year results for adidas AG have been quite encouraging.

adidas: Recent Performance Encouraging

Adidas (ADDYY) enters agreement to sell Reebok to Authentic Brands Group for $2.5 billion by the first quarter of 2022.

Adidas (ADDYY) Inks Agreement to Divest Reebok for $2.5B

adidas (ADS-DE: XETRA) recently announced that it is selling Reebok to Authentic Brands Group. These are the details.

Why Adidas Is Selling Reebok To Authentic Brands Group For Up To €2.1 Billion

Adidas bought Reebok for $3.8 billion in 2006, back when Reebok was riding high and had deals with the NBA and NFL. Now, Adidas is selling the slumping brand for up to $2.5 billion.

Adidas is selling Reebok for less than it originally paid

Adidas is selling embattled apparel brand Reebok for $2.5 billion to Authentic Brands, which intends to go public soon.

Adidas Is Selling Reebok Because the Shoe Didn't Fit

Adidas ADR (OTC: ADDYY) has sold its Reebok brand to Authentic Brands Group, a New York City-based brand management company, for approximately $2.5 billion. What Happened: Authentic Brands Group's portfolio consists of high-profile companies that fell on difficult times.

Adidas Sells Reebok To Authentic Brands Group For $2.5B

Adidas is offloading Reebok into Authentic Brands Group's (ABG) burgeoning portfolio of brands as the German sportswear giant seeks to strengthen its own position in a direct-to-consumer (D2C)-led strategy. The $2.5 billion transaction is expected to close in the first quarter of 2022.

Adidas To Sell Reebok To Authentic Brands For $2.5B

Rebook will be bought by Authentic Brands Group, which also owns Brooks Brothers and Forever 21. The retail conglomerate may go public this summer.

Adidas agrees to sell Reebok for $2.5 billion to a company aiming to go public this summer

Despite its storied legacy, Reebok has limped financially in recent years. Sportswear and sneaker brand Reebok is getting a new home.

Authentic Brands Group, famed for dead celebrity likenesses, scoops up Reebok from Adidas

Adidas AG ADS, +1.60% announced the sale of the Reebok athletic brand to Authentic Brands Group AUT.H, for a consideration of up to € 2.1 billion (US$2.467 billion) on Thursday. The majority of the transaction will be paid in cash at the closing of the deal, which is expected to take place in the first quarter of 2022.

Adidas sells Reebok to Authentic Brands in deal that could reach more than $2.4 billion

The retail conglomerate has bought other struggling brands, such as Brooks Brothers, Aeropostale and Forever 21.

News for adidas AG Stock (ADDYY)