A leading sports apparel company is the latest to end a sponsorship with Russia. What Happened: German company Adidas AG (OTC: ADDYY ) announced it has suspended its current uniform deal with the Russian National team. Adidas has partnered with Russia since 2008 and the current deal runs through the end of 2022. The agreement is said to be “on hold” and could be reinstated at a later time. Related Link: How The Sports … Full story available on Benzinga.com
Adidas has sponsored the national team since 2009.

Russia excluded from more sports as sanctions mount

04:04pm, Tuesday, 01'st Mar 2022 AOL
GENEVA (AP) — More and more sports are following the appeal of the International Olympic Committee and banning Russian athletes from competing in the wake of the country’s invasion of Ukraine. Russia was barred from competing in international ice skating, skiing, basketball and track on Tuesday, a day after being kicked out of soccer competitions and hockey — Vladimir Putin’s favorite team sport. The decisions follow the IOC''s request to international sports federations to keep Russian athletes out of events they organize. The International Skating Union, the body that runs the sport around the world, said no athletes from Russia or Belarus “shall be invited or allowed to participate” in events until further notice. Belarus has been a key ally of Russia in its attack on Ukraine. The world figure skating championships are scheduled for later this month in Montpellier, France. The ISU decision means Olympic champion Anna Shcherbakova and 15-year-old teammate Kamila Valieva, who was the focus of a still-unresolved doping dispute at last month’s Winter Olympics, will be excluded from the competition.

Adidas suspends partnership with Russian football union By Reuters

02:40pm, Tuesday, 01'st Mar 2022 State Of Press
© Reuters. A Russian Football Union sign is seen during their meeting in Moscow, Russia December 19, 2018. REUTERS/Maxim Shemetov/File Photo BERLIN (Reuters) – German sportswear company Adidas (OTC:) has suspended its partnership with the Russian Football Union (RFS) with immediate effect, a company spokesperson said on Tuesday. The spokesperson did not give additional details. …
Adidas joins FIFA, UEFA, other global bodies to cut ties with Russia Global sportswear manufacturer Adidas has suspended its partnership with the Russian Football Federation over their country''s invasion of neighbours Ukraine. The German sportswear giants have been the official kit manufacturers of the Russian national teams since 2008. Adidas cuts sponsorship with Russian Football Federation As Russia''s military onslaught on Ukraine continues, Adidas has decided to put its agreement with the Russian Federation on hold indefinitely. Adidas become the latest body to sever ties with Russia or Russian entities, following the lead of global bodies such as FIFA and UEFA. FIFA have suspended Russia and all Russian national teams from taking part in international competitions while UEFA have also expelled Spartak Moscow from the Europa League Round-of-16.

Adidas cuts ties with Russian Football Union

02:13pm, Tuesday, 01'st Mar 2022 Breaking the News 24/7
Adidas announced on Tuesday that it will cut ties with the Russian Football Union (RFS), multiple outlets reported citing a representative for the company. Further details are yet to be revealed. Rus…

Adidas suspends deal with Russian football federation

02:11pm, Tuesday, 01'st Mar 2022 The Punch Newspapers
German sports equipment giants Adidas said Tuesday they have suspended their partnership with the Russian Football Federation in the wake of Russia’s invasion of Ukraine. “Adidas is suspending its partnership with the Russian Football Federation (RFS) with immediate effect,” said a spokesman of the company which in 2020 generated 2.9 percent of its turnover in… Read More

Adidas suspends partnership with Russian Football Union

02:06pm, Tuesday, 01'st Mar 2022 Toronto Sun
BERLIN — German sportswear company Adidas has suspended its partnership with the Russian Football Union (RFS) with immediate effect, a company spokesperson said on Tuesday. The spokesperson did not give additional details. The decision is in line with a series of those made by sports bodies to cut ties to Russian-affiliated bodies or companies following […]
Adidas suspends partnership with Russian football amid invasion of Ukraine

Adidas boycotts Russia

01:44pm, Tuesday, 01'st Mar 2022 Arutz Sheva (Israel National News)
Adidas has announced that it will suspend its cooperation with Russia''s soccer union.

Adidas Completes €2.1 Billion Reebok Sale

10:40am, Tuesday, 01'st Mar 2022 Dawn News
The German sports equipment manufacturer Adidas has drawn a line under its American brand Reebok. The sale of Reebok to the American Authentic Brands Group for 2.1 billion euros has been completed, Adidas announced on Tuesday. Authentic Brands Group, which owns brands such as Forever 21, Barney’s New York and Nine West and sports […] The post Adidas Completes €2.1 Billion Reebok Sale appeared first on Dawn News .
German sportswear company Adidas has suspended its partnership with the Russian Football Union (RFS) with immediate effect, a company spokesperson said on Tuesday.

Adidas to Use $1.7 Billion From Reebok Sale in New Buyback

06:40am, Tuesday, 01'st Mar 2022 MarketWatch
By Joshua Kirby Adidas AG said Tuesday that it is planning a new share-buyback program amounting to up to 1.5 billion euros ($1.68 billion) to return to…
Alessandro Michele has long noticed a similarity between Gucci’s and adidas’ stripes, but whenever he tried to experiment, alarm bells went off. So he made it official, according to The Associated Press, with an actual collaboration between Gucci and adidas that took centre stage during the preview show for next fall and winter. According to […] The post Gucci debuts a unique collaboration with adidas on the Milan Fashion Week runway appeared first on BOL News .

Gucci x Adidas: two megabrands come together in Milan

09:54am, Saturday, 26'th Feb 2022 Evening Standard
Rihanna, A$AP Rocky and Serena Williams all turned out to see Alessandro Michele’s next major collab
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