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Adidas Continues North American Tear With 31% Sales Growth
Wednesday, March 14, 2018 - 11:21am | 1232Adidas (AG) (OTC: ADDYY) continues its blistering pace of growth in North America. The German sportswear brand announced fourth quarter earnings that showed 31 percent sales growth (Adidas and Reebok brand) in the fourth quarter in that region. Revenue grew double digits in nearly every geography...
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A Post-Sneaker World: How 'Small' Footwear Brands Are Beating The Giants
Monday, December 4, 2017 - 8:22am | 1415If you follow the footwear industry, among the three footwear giants, the sentiment has become pretty clear: adidas AG (ADR) (OTC: ADDYY) is growing, Nike Inc (NYSE: NKE) is in turnaround mode and Under Armour Inc (NYSE: UAA) is under serious pressure. This story has been crystallized for sometime...
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Exclusive: Adidas President Mark King Discusses Being At The Intersection Of Performance And Fashion
Wednesday, November 8, 2017 - 5:39pm | 1173In one of the most tumultuous years in athleticwear in recent memory, adidas AG (ADR) (OTC: ADDYY) has emerged as an industry leader. It's a time when competitors Nike Inc (NYSE: NKE) and Under Armour Inc (NYSE: UAA) are busy explaining poor performance and adjusting their strategy to...
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Adidas Signs $700 Million Extension With MLS, Its Largest Investment In US Soccer
Wednesday, August 2, 2017 - 1:29pm | 459When it comes to the world of sports apparel, Nike Inc (NYSE: NKE) has basketball and adidas AG (ADR) (OTC: ADDYY) has soccer. On Wednesday, Adidas further solidified its association with the world’s most popular sport by extending its long-term partnership with the MLS through 2024. The deal...
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NBA Draft Recap: Big Baller Brands Scale Back Endorsement Deals While Basketball Slows
Friday, June 23, 2017 - 4:34pm | 1068The NBA draft often serves as one of the biggest platforms for major footwear companies. It offers these brands the opportunity to secure the next wave of talent that will be leaders in the basketball segment. Josh Jackson A Key Move For UA The most notable signing of the draft could be from...
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Adidas And Arizona State's Cultures Align With Innovative Global Partnership
Wednesday, June 21, 2017 - 11:48am | 1084When Adidas AG (ADR) (OTC: ADDYY) and Arizona State University announced the launch of a global sport alliance, some speculated the partnership would make ASU Adidas' flagship school, akin to an Oregon-Nike Inc (NYSE: NKE) or Under Armour Inc (NYSE: UAA)-Maryland agreement. This isn’t the...
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Exclusive: Adidas' Mark King Talks About The Company's Comeback, Turning The Corner In North America
Wednesday, March 22, 2017 - 12:57pm | 1054With North American President Mark King at the helm, adidas AG(ADR) (OTC: ADDYY) has quickly become the most exciting company in the industry. Following a strong fourth quarter earnings report that saw the company raise guidance, Adidas shares are approaching all-time high territory. The stock is...