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Adidas to cut up to 500 jobs
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.
Sportswear Giants Adidas And Puma Weighing Job Cuts
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 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 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
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.
1d
Ye Showcases Latest Yeezy Footwear
Ye revealed the two new colorways that are anticipated for his latest product, the SL-01, AKA The Yeezy Slides.
Retail Detail
1d
Adidas bounces back after painful Yeezy break-up
Adidas has made an impressive comeback in 2024, thanks to the popularity of the Samba and Gazelle trainers, combined with the ...
1d
Adidas Sees Solid Gains In Q4, Looks To Expand Market Share
German sportswear brand adidas AG posted strong growth in Q4, with revenue up 19% in currency-neutral terms and 24% in euros, ...
2d
Adidas 2024 Profits Jump, Recovering From Kanye Crisis
Adidas on Tuesday said that its operating profit jumped five-fold last year, as the German sportswear giant moves past a crisis triggered by its split from musician and entrepreneur Kanye West.
2d
Adidas seals turnaround year with strong fourth-quarter sales
Adidas reported what it said were better than expected preliminary fourth-quarter results on Tuesday, with strong sales and ...
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, ...
2d
on MSN
adidas AG shows 19% revenue growth in Q4
Buoyed by better-than-expected preliminary Q4 results, shares of adidas AG (ADDYY, ADDDF) were nearly 5% higher on Tuesday, ...
13d
Kanye West Slams Adidas Over Alleged Sabotage Before Brand Removes All Yeezy Products: “Our Partnership Is Done”
Kanye West accused Adidas of sabotaging his business efforts and reacted to their continued sale of Yeezy stock after their ...
The Express Tribune
10d
Kanye West's YZY brand drops $20 Yeezy SLPR amid tension with Adidas
Kanye West's YZY brand has released a new footwear model, the Yeezy SLPR, priced at just $20. This marks the second shoe ...
21h
adidas AG (0OLD) Gets a Hold from Goldman Sachs
Goldman Sachs analyst Richard Edwards maintained a Hold rating on adidas AG (0OLD – Research Report) today and set a price target of €280.00.
2d
on MSN
Adidas Profit Jumps After Strong Sneaker Sales in Holiday Season
Adidas AG reported better-than-expected results amid the sustained boom for retro sneakers like the Samba and more sales from ...
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