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Adidas moves to Q2 loss as sales slide by more than a third

2020-08-06 13:33:00| Daily apparel & textile news and comment - from just-style.com

German sportswear group Adidas has reported a loss for the second quarter as net sales tumbled by more than a third amid temporary store closures related to the Covid-19 pandemic.

Tags: than sales third loss

 

Adidas extends Rorsted tenure for five years

2020-08-05 12:45:00| Daily apparel & textile news and comment - from just-style.com

German sportswear group Adidas has extended the appointment of CEO Kasper Rorsted by another five years.

Tags: years extends adidas tenure

 
 

Adidas to End Plastic Waste and Support a Circular Future

2020-07-14 09:00:00| Waste Age

Sports company Adidas is taking real action to reduce plastic waste. The company is working on creating innovative sustainable materials and processes to create the circular future of sports. Adidas has created the Three Loop Strategy. T

Tags: support end future plastic

 

George Floyd: Adidas human resources boss quits amid racism row

2020-07-01 06:14:00| BBC News | Business | UK Edition

The announcement comes as pressure grows on global corporations to address racial inequality.

Tags: resources human george human resources

 

Adidas returns to sales growth in Greater China

2020-06-04 13:11:00| Daily apparel & textile news and comment - from just-style.com

German sportswear giant Adidas says revenue has returned to growth earlier than expected in Greater China after stores were temporarily closed in an attempt to stem the spread of coronavirus and now expects second-quarter sales in the region to be around the prior-year level. 

Tags: sales china returns growth

 

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