Shares in adidas AG (OTCQX:ADDYY) were given a double-upgrade by Morgan Stanley (NYSE:MS), based on ever-wider positive consumer sentiment about the sort of sports shoes it makes, typified by 'terr
Helped by consumer appetite for lifestyle shoes and a signature basketball sneaker from NBA player Anthony Edwards, Adidas shares have turned into a buy.
Adidas has barred German fans from customizing soccer jerseys with the number 44 after concerns that the figures resembled the World War II-era Nazi SS symbol.
adidas receives a buy rating due to strong execution by the new CEO and positive signs of turnaround and improvement. North America shows early signs of recovery, EMEA maintains healthy sell-out momen

New Strong Sell Stocks for March 27th

07:06am, Wednesday, 27'th Mar 2024
AMKBY, ADDYY and BASFY have been added to the Zacks Rank #5 (Strong Sell) List on March 27, 2023.
A retailer originally known for its yoga wear, Lululemon (LULU) has evolved into a competitor of Nike (NKE), Adidas (ADDYY), and many more. In 2022 alone, Lululemon's revenue topped $8 billion, a more
Shares in Europe's top sportswear companies fell on Friday following a mixed set of results from Nike.
Adidas posted its first annual loss in more than three decades on Wednesday, and warned that US sales will drop this year as the German sportswear giant continues selling off its remaining Yeezy inven

Adidas reports first loss since 1992

05:29am, Wednesday, 13'th Mar 2024
Adidas AG (OTCQX:ADDYY) shares fell sharply after the sportswear group reported its first annual loss since 1992. The German giant posted a full-year net loss of €58 million as revenues declined
Adidas on Wednesday warned of a sales decline in its overstocked North American market in 2024, as the German sportswear brand continues to sell off its Yeezy inventory.
AI has become a buzzy topic recently across many industries, but it's been used by sneakerheads for years in the form of “bots.”

Adidas sells off more YEEZY stock

09:13am, Monday, 26'th Feb 2024
Adidas AG has announced further stock leftover from a cancelled partnership with Kanye West will be sold off in the coming weeks. A phased sell-off of the sportswear retailer's remaining YEEZY product
The consumer discretionary sector is lagging behind the SP500. In 2024, there will be the European Soccer Championship in June and the Olympic Games in July. Some of the sportswear manufacturers seem
The Shoes and Retail Apparel industry reflects tough trends on elevated operating and input costs. However, product innovation, robust demand trends and digital growth place it well.
Adidas AG was granted an upgrade by Royal Bank of Canada (TSX:RY) analysts on Monday, which saw the sports retailer's shoe brands as buoying growth over the year. Highlighting Adidas' Terrace range, a
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