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Adidas to cut up to 500 jobs
Adidas, Puma weigh job cuts as latter disappoints with profit fall
German sportswear giants Adidas and Puma have both announced they are seeking to reduce costs, including through possible job cuts, as they eye
Adidas to cut up to 500 jobs after posting better than expected holiday profits
Adidas plans to cut as many as 500 jobs at its corporate headquarters in Germany in a bid to simplify its business — not to cut costs.
Adidas plans to cut up to 500 jobs at German headquarters - report
Adidas (OTC:ADDYY), the world's second-largest sportswear maker, is planning to reduce its workforce at its headquarters in Herzogenaurach, Germany, by up to 500 positions, Reuters reported, citing a source familiar with the matter.
Adidas To Cut 500 Corporate Jobs: Company Structure 'Too Complex'
The chief executive officer Bjoern Gulden of Adidas AG will cut 500 roles based at its headquarters in Herzogenaurach as the company outperformed projected sales for the retro sneakers.
Adidas Set to Cut Jobs at German HQ in Aim to ‘Simplify Operations'
In a statement sent to FN on Thursday, an Adidas representative noted that these job cuts are not part of a cost savings program but instead are aimed at "reducing complexity and
1d
on MSN
Adidas Shares Jump After Preliminary Results Beat Expectations
The sporting-goods company surpassed its own profit expectations amid fierce competition in the sector and as its biggest ...
2d
Adidas Reports Fourth-Quarter Sales and Profitability Gains
Adidas reported sales of 5.956 billion euros ($6.2 billion) for the quarter, up from 4.812 billion a year ago. For the full ...
3h
on MSN
Lionel Messi brings Union teen phenom Cavan Sullivan into his orbit, or at least Adidas does
You might think it’s a bit far-fetched that a 15-year-old from Philadelphia could land in the personal orbit of Lionel Messi, ...
2d
on MSN
Adidas seals turnaround year with strong quarterly sales — after Kanye disaster
The results mark a significant recovery for Adidas from an annual loss in 2023 for the first time in more than 30 years, ...
1d
Lionel Messi’s Wife Antonela Roccuzzo Puts Adidas’ Squat-proof Clothing Technology to the Test in Optime Collection Campaign
Antonela Roccuzzo is the new face of Adidas’ latest campaign. The philanthropist makes her debut with the sportswear company, ...
3d
Adidas Makes A Big Push Into The Pickleball Market With Staksrud Sponsorship
An in-depth discussion with All Racquet Sports, the manufacturer behind the adidas pickleball line, discussing their ...
2h
Adidas Signed WNBA Star Satou Sabally To Add To Their Women’s Basketball Division
Ahead of an expected move in free agency, Satou Sabally signed a new deal with adidas to join the brand’s WNBA roster of stars.
3h
adidas Brings the Adizero Franchise to Golf
With the all new Adizero ZG, adidas Golf has officially left its mark on the franchise which first launched in 2008. Those familiar with the adidas Golf lineup will recognize the ZG tag from the line ...
2d
on MSN
Adidas Swings to Operating Profit After Sales Jump
The German sporting-goods company posted an operating profit €57 million in the fourth quarter compared with an operating ...
12h
on MSN
Puma stock slumps, a day after Adidas rally. New Speedcat range may be to blame.
Puma shares slumped on Thursday as the German apparel maker’s preliminary fourth-quarter numbers disappointed analysts.
15h
adidas Debuts The Adiclog Mule in "Core Black" and "Preloved Brown"
Name: adidas Originals Adiclog SKU: JH5498, JI1499 Colorway: “Core Black,” “Preloved Brown” Retail Price: $125 USD Release ...
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