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Adidas AG (ADSGn.DE)

ADSGn.DE on Xetra

266.90EUR
13 Nov 2019
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€-2.55 (-0.95%)
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Latest Key Developments (Source: Significant Developments)

Adidas Discontinues Production At Speedfactories in Germany, U.S.
Monday, 11 Nov 2019 

Nov 11 (Reuters) - Adidas AG ::ADIDAS DEPLOYS SPEEDFACTORY TECHNOLOGY AT ASIAN SUPPLIERS BY END OF 2019.PRODUCTION AT THE ANSBACH AND ATLANTA SPEEDFACTORIES WILL BE DISCONTINUED.STARTING AT THE END OF THIS YEAR, ADIDAS WILL USE ITS SPEEDFACTORY TECHNOLOGIES TO PRODUCE ATHLETIC FOOTWEAR AT TWO OF ITS SUPPLIERS IN ASIA.COMPANY EXPECTS THIS TO RESULT IN BETTER UTILIZATION OF EXISTING PRODUCTION CAPACITY AND MORE FLEXIBILITY IN PRODUCT DESIGN.  Full Article

Adidas CEO expects 2019 sales up around 6.5%
Wednesday, 6 Nov 2019 

Nov 6 (Reuters) - Adidas AG ::ADIDAS CEO SAYS HE EXPECTS CONTINUED POSITIVE DEVELOPMENT IN EUROPE DUE TO UPCOMING EUROPEAN SOCCER CHAMPIONSHIP.ADIDAS CEO SAYS SUPPLY CHAIN ISSUES WILL ONLY HAVE MINIMAL IMPACT IN Q4.ADIDAS CEO SAYS HE EXPECTS 2019 NET SALES TO RISE ABOUT THE MIDPOINT OF GUIDANCE, AROUND 6.5%.ADIDAS CEO SAYS U.S. TARIFFS ON CHINA HAVE LITTLE IMPACT ON BUSINESS, MORE WORRIED ABOUT CURRENCY WAR.ADIDAS CFO SAYS CO WILL REACT TO U.S. TARIFFS ON CHINA WITH SLIGHT PRICE HIKES IN U.S. MARKET IF TARIFFS CONTINUE.ADIDAS CEO SAYS UNREST IN HONG KONG HAS SIGNIFICANT IMPACT ON STORES THERE, BUT IT IS LESS THAN 1% OF ADIDAS BUSINESS.  Full Article

Marcolin Group And Adidas Announce License Agreement
Tuesday, 25 Jun 2019 

June 25 (Reuters) - Marcolin Group::MARCOLIN GROUP AND ADIDAS ANNOUNCE LICENSE AGREEMENT.MARCOLIN GROUP - WILL DESIGN, DEVELOP, MANUFACTURE, MARKET AND SELL EYEWEAR PRODUCTS UNDER ADIDAS BADGE OF SPORT AND ORIGINALS LABELS..MARCOLIN GROUP - PARTNERSHIP, STRETCHING UNTIL 2024, WILL SEE FIRST EYEWEAR PRODUCTS HIT MARKET BEGINNING IN 2020..  Full Article

Adidas Aims For Organic Growth, Not Big Acquisitions - CEO
Thursday, 9 May 2019 

May 9 (Reuters) - Adidas AG at AGM::BIGGER ACQUISITIONS NOT ON THE AGENDA, FOCUSING ON ORGANIC GROWTH INSTEAD.SLIGHT INCREASE OF EUROPE SALES THIS YEAR.AIM TO BUY BACK OWN SHARES WORTH 800 MILLION EUR THIS YEAR.  Full Article

Adidas plans bigger volume launches of Yeezy shoes from 2020
Friday, 3 May 2019 

May 3 (Reuters) - Adidas AG ::ADIDAS CEO SAYS HE DOES NOT EXPECT ANY SIGNIFICANT IMPACT ON GROWTH FROM KANYE WEST YEEZY LAUNCHES IN 2019.ADIDAS CFO SAYS GROSS MARGIN WILL NOT KEEP EXPANDING AT PACE OF Q1 FOR REST OF YEAR, ALTHOUGH GUIDANCE MIGHT BE CONSERVATIVE.ADIDAS CEO SAYS CO PLANS BIGGER VOLUME LAUNCHES OF YEEZY SHOES IN 2020, 2021, 2022.ADIDAS CEO SAYS WILL SELL AGAIN AT DECATHLON STORES IN EUROPE AFTER MANAGEMENT, STRATEGY CHANGE AT DECATHLON.  Full Article

Adidas, Foot Locker Announce They Are Elevating Strategic Partnership
Tuesday, 22 Jan 2019 

Jan 22 (Reuters) - Foot Locker Inc ::ADIDAS AND FOOT LOCKER ANNOUNCED THEY ARE ELEVATING THEIR STRATEGIC PARTNERSHIP.FOOT LOCKER INC - ADIDAS AND CO WILL CO-CREATE CONSUMER-INSPIRED ADIDAS MADE FOR (AM4) SHOES.  Full Article

Adidas Alerts Certain Consumers Of Potential Data Security Incident
Thursday, 28 Jun 2018 

June 28 (Reuters) - Adidas AG ::ADIDAS ALERTS CERTAIN CONSUMERS OF POTENTIAL DATA SECURITY INCIDENT.ADIDAS - ANNOUNCED THAT IT IS ALERTING CERTAIN CONSUMERS WHO PURCHASED ON ADIDAS.COM/US ABOUT A POTENTIAL DATA SECURITY INCIDENT.ADIDAS - ON JUNE 26, ADIDAS BECAME AWARE THAT AN UNAUTHORIZED PARTY CLAIMS TO HAVE ACQUIRED LIMITED DATA ASSOCIATED WITH CERTAIN ADIDAS CONSUMERS.ADIDAS - ADIDAS IS WORKING WITH LEADING DATA SECURITY FIRMS AND LAW ENFORCEMENT AUTHORITIES TO INVESTIGATE THE ISSUE.ADIDAS - ADIDAS HAS NO REASON TO BELIEVE THAT ANY CREDIT CARD OR FITNESS INFORMATION OF THOSE CONSUMERS WAS IMPACTED.  Full Article

Adidas CEO Rorsted Says Plans To Close Couple Of Hundred Stores In Year, Closed About 90 Stores In Q1 - CNBC
Thursday, 3 May 2018 

May 3 (Reuters) - :ADIDAS CEO KASPER RORSTED SAYS PLANS TO CLOSE A COUPLE OF HUNDRED STORES IN THE YEAR; CLOSED ABOUT 90 STORES IN Q1 - CNBC.  Full Article

Adidas won't boycott World Cup despite Russia tension
Wednesday, 14 Mar 2018 

March 14 (Reuters) - Adidas Ag ::ADIDAS CEO SAYS EXPECTS REEBOK TO RETURN TO GROWTH IN NORTH AMERICA IN 2018.ADIDAS CFO SAYS DOES NOT PLAN MAJOR ACQUISITIONS IN NEAR TERM, PART OF REASON FOR SHARE BUYBACK.ADIDAS CEO SAYS DOES NOT EXPECT DISPROPORTIONATE SOCCER SALES GROWTH IN 2018 DUE TO WORLD CUP.ADIDAS CEO SAYS NOT CONSIDERING PULLING OUT OF WORLD CUP DESPITE RISING TENSION WITH RUSSIA.  Full Article

Adidas Says Marketing Spending To Rise In Absolute And Relative Terms In 2018
Wednesday, 14 Mar 2018 

March 14 (Reuters) - Adidas ::SAYS REEBOK GROSS MARGIN UP 400 BPS TO 40.7 PERCENT IN 2017 BUT STORE CLOSURES CAP SALES GROWTH.SAYS MARKETING SPENDING TO RISE IN ABSOLUTE AND RELATIVE TERMS IN 2018 - PRESENTATION SLIDES.  Full Article

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Adidas to close German, U.S. robot factories

BERLIN Adidas plans to close high-tech "robot" factories in Germany and the United States it launched to bring production closer to customers, saying on Monday deploying some of the technology in Asia would be "more economic and flexible".