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.

German sportswear giants Adidas and Puma have both said they are seeking to reduce costs, including through possible job cuts, as they aim to bolster profits.

Adidas' sales and profitability are on the rise in FY24. Read why ADDYY stock is primed for continued growth, especially with Nike’s current struggles.

Adidas CEO Bjoern Gulden plans to cut up to 500 jobs at the German sport retailer's headquarters in Herzogenaurach, a source who took part in a meeting where the figure was announced told Reuters on ...

Puma SE shares plunged after the German sportswear company reported disappointing earnings and pushed back profitability ...

Omanyala secured sponsorship deals with eight firms, including Adidas, CFAO Mobility Kenya under the Toyota brand, East African Breweries’ Tusker brand, Ultimate Sports Nutrition (USN) Kenya, Visa, ...

Antonela Roccuzzo is the new face of Adidas' latest campaign. The philanthropist makes her debut with the sportswear company, ...

The Adidas Adizero Evo SL has a lightweight and breathable mesh upper that has just enough padding to make the shoe ...

Sixty-seven years after co-founding Reebok, 89-year-old Joe Foster is now partnering with a 25-year-old entrepreneur to market what the pair say is the first AI- designed commercially available shoe ...

Predator 25, the latest iteration of its iconic football boots, combining design elements from its storied past with ...

AG (OTCMKTS:ADDDF – Get Free Report) was the target of a significant growth in short interest in December. As of December 31st, there was short interest totalling 411,000 shares, a growth of 17.7% ...

Nike and Adidas are neck-and-neck in the race to outfit the world’s best tennis players with eye-watering money being thrown ...