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adidas Catches up to Nike in China

2016-01-20 01:33:22| Footwear - Topix.net

As far as the Sneaker Wars go, adidas is lagging behind its Beaverton-based rival, Nike, in most key metrics and markets, including America and the Three Stripes' native Western Europe. But the Trefoil may find solace in one crucial area of the world: Quartz reports that the German brand has effectively closed the gap and outperformed the Swoosh in China.

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Adidas AG (ADDYY) Shares Surge on News of Rorsted's Appointment

2016-01-18 19:08:40| Footwear - Topix.net

Adidas AG. shares surged on Monday after it confirmed that it had appointed Karsten Rorsted as its new Chief Executive Officer.

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Adidas names new chief executive

2016-01-18 17:17:00| BBC News | Business | UK Edition

Shares in Adidas rise as investors hope new chief executive Kasper Rorsted will help it to close the gap with US rival Nike.

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Adidas finds replacement for CEO Hainer in Rosted

2016-01-18 12:18:00| Daily apparel & textile news and comment - from just-style.com

German sportswear giant Adidas Group has found a replacement for CEO Herbert Hainer in Kasper Rosted, nearly a year after beginning the search for a new chief executive.

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Adidas China reaches record sales of EUR2bn

2016-01-15 14:15:00| Daily apparel & textile news and comment - from just-style.com

Sporting goods giant Adidas Group has revealed that its Greater China subsidiary achieved sales of EUR2bn (US$2.18bn) in 2015 - the company's highest ever annual sales in the region.

Tags: sales china record reaches

 

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