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.

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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.

Adidas strikes deal to sell off struggling Reebok to Authentic Brands Group

Adidas is selling its Reebok brand to Authentic Brands Groups for up to 2.1 billion euros ($2.46 billion) as it seeks to draw a line under an ill-fated investment that never lived up to the German sporting goods company's expectations.

Adidas sells Reebok to Authentic Brands for $2.5 billion

The Adidas Barricade tennis shoe offered one of the longest-running franchises in tennis, a steady presence on the pro tour and recreation courts the world over ever since Marat Safin won the 2000 U.S. Open in the shoe's professional debut.

Adidas Brings Back Barricade Tennis Shoe With Modern Technology

Carter's

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

CRI vs. ADDYY: Which Stock Should Value Investors Buy Now?

adidas AG (ADDYY) CEO Kasper Rorsted on Q2 2021 Results - Earnings Call Transcript

Adidas will keep pushing new technology for running shoes despite controversy at the Olympics over new materials that could be giving some athletes unfair assistance to break world and national records, its chief executive said on Thursday.

Olympics-Athletics-Adidas to keep pushing boundaries on shoe tech

The German sportswear giant increased its outlook for the year, despite a drop in sales in Greater China.

Adidas raises outlook despite falling sales in China as boycott there continues

Adidas lifts full-year outlook, sales view after swinging to profit

German sportswear company Adidas raised its outlook for full-year sales and profitability as demand soared in most of the world but took a hit in China where Western brands faced a call for a boycott of their products in late March.

Adidas hikes outlook despite hit to China sales

NIKE

HANOI (Reuters) -Taiwan's Pou Chen Corp, which makes footwear for companies such as Nike and Adidas, suspended operations at its plant in Ho Chi Minh City on Wednesday as COVID-19 curbs hit factories in the country's business hub.

Nike and Adidas supplier suspends production at Vietnam plant due to COVID

A key bidder has dropped out of the auction for Reebok, making it more likely that German-based Adidas will take an even bigger hit on its disastrous, 15-year stint as the owner of the struggling sneaker brand, The Post has learned. As reported by The Post, Authentic Brands Group — a fast-growing licensing firm whose.

Adidas auction of Reebok takes a hit as key bidder Authentic Brands drops out

Adidas has drawn up a shortlist of bidders for its Reebok brand as it seeks to draw a line under an ill-fated investment that never lived up to the German sporting goods company's expectations, sources close to the matter said.

Adidas shorlists bidders in Reebok unit sale - sources

Adidas will launch a new share buyback programme starting July 1 worth up to 550 million euros ($653.62 million), the German sportswear company said on Tuesday.

Adidas launches new share buyback as demand booms

Planet Fitness

As in-person gym attendance grows in 2021, not all companies seem equally poised to benefit from the opportunity in the long term.

Can These 2 Fitness Companies Bounce Back From 2020?

Columbia Sportswear Company

Rocky Brands

Under Armour

Rising awareness on staying fit and adopting a healthy lifestyle drives fitness gear demand. Rocky Brands (RCKY), Adidas (ADDYY), Under Armour (UAA) and Columbia Sportswear (COLM) are solid picks.

4 Fitness Stocks to Buy as Americans Shift to Healthy Lifestyles

Here's what investors need to know about this athletic apparel manufacturer.

Is Adidas the Best Fitness Stock to Buy Now?

Adidas (ADDYY) is making efforts to strengthen its position in the women's business. Notably, it launches period-proof activewear, TechFit.

Adidas (ADDYY) Seeks Women's Attention Via TechFit Launch

Adidas has a number of products in the pipeline for launch that are geared toward all women athletes.

Adidas launches period-proof tights as athletic companies turn their attention to women

The scrutiny will force the fashion industry, which produces 8% to 10% of global carbon emissions, to improve, Adidas CEO Kasper Rorsted said.

Adidas CEO Kasper Rorsted says consumers will force fashion industry to be more sustainable

German sportswear firm Adidas, which is seeking to increase the proportion of sustainable materials it uses in its products, is investing in Finland's Spinnova, a company that makes textile fibre out of wood or agricultural waste.

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