Adidas Ag Stock News

"We will deal with the situation as the world moves on," the Adidas CEO said Wednesday.

Adidas AG (OTC: ADDYY ) reported a fourth-quarter FY21 sales decline of 0.1% year-on-year, to €5.1 billion. Currency-neutral revenues in Q4 declined 3%. Supply shortages due to the lockdowns in Vietnam, challenging market environment in Greater China, and COVID-19 related lockdowns in Asia-Pacific reduced revenue growth by more than €400 million in Q4. Currency-neutral revenues in North … Full story available on Benzinga.com

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Kasper Rorsted, Adidas CEO, joins 'Closing Bell' to discuss Adidas' quarterly earnings results, the company's decision to suspend operations in Russia, if there are plans to return to the Russian mark

adidas AG (ADDYY) CEO Kasper Rorsted on Q4 2021 Results - Earnings Call Transcript

BERLIN, March 9 — Adidas has struck a sponsorship deal with the Italian national football team to kit out the European champions from next year, replacing local rival Puma, the German sportswear group said today. The new four-year deal is worth…

Adidas AG (OTC: ADDYY) reported a fourth-quarter FY21 sales decline of 0.1% year-on-year, to €5.1 billion. Currency-neutral revenues in Q4 declined 3%.

Futures Surge After 4 Day Rout On Ukraine War Optimism; Cryptos Soar After two days of sheer market insanity, including Monday''s furious plunge and Tuesday''s rollercoaster session, U.S. equity futures jumped after 4 straight days of losses, following European equities higher, as Ukraine optimism won, at least initially, over fears about high inflation and global stagflation as a result of soaring commodity prices, sparking a furious Delta squeeze (as we will show shortly in a subsequent post). At 730am ET, Nasdaq 100 contracts were up 2.1% while S&P 500 futures gained 1.6%. The underlying benchmark fell for a fourth straight session on Tuesday to close at its lowest since June 2021. Dow futures rose 1.5%. A bond selloff extended as investor focus turned to upcoming central-bank rate decisions, while oil prices reversed a rally driven by President Joe Biden’s ban on fossil-fuel imports from Russia. . The dollar weakened for the first time in five days, as haven demand waned. Bitcoin soared more than 10% over $42,000 spurred by optimism about an impending U.S. overhaul of crypto oversight that Treasury Secretary Janet Yellen called “historic.” Investors are bracing for a global stagflationary shock from a commodity-price rally fueled by Russia’s isolation even as supply disruptions threaten to usher in a period of slower global growth.

Shares in Adidas jumped 9.3% to €202.2 in Frankfurt after the German trainers-to-sports apparel firm posted strong 2021 results and said it expects to deliver double-digit sales growth in 2022.

Adidas has struck a sponsorship deal with the Italian national soccer team to kit out the European champions from next year, replacing arch rival Puma, the German sportswear group said on Wednesday.

BERLIN (Reuters) -German sportswear company Adidas said it expected a halt to its business in Russia due the war in Ukraine to put at risk up to 250 million euros ($273.10 million) of sales in 2022, w

Adidas AG (XETR:ADS) is the world's second-largest sportswear company. The performance of the company's shares, however, does not reflect the same image of success considering the sustained downward p

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SHANGHAI : Adidas has replaced its China chief, it said on Tuesday, as the German sportwear brand looks to revive sales in the world''s second largest economy. The company has appointed Adrian Siu to take over from Jason Thomas, who became Adidas Greater China''s managing director in 2019, it said. S