BERLIN, Germany — U.S. sportswear group Nike is banking on its sponsorship of more of the world's best-known soccer stars than Adidas in its battle to overtake the German firm as the sport's top-selling brand at its World Cup this summer.
BERLIN, Germany — The long-serving chief executive of Germany's Adidas said preparing the sportswear giant for a change at the top when his contract ends in 2017 will be among his biggest priorities, Sueddeutsche Zeitung reported on Saturday.
HANOI, Vietnam — Thousands of Vietnamese set fire to factories and rampaged in industrial zones in the south of the country after protests against Chinese oil drilling in a part of the South China Sea claimed by Vietnam, officials said on Wednesday.
FUERTH, Germany — German sportswear company Adidas might take longer than expected to achieve targets for 2015 due to a combination of weak European growth, foreign exchange effects and executional mistakes, its chief executive said on Thursday.
HERZOGENAURACH, Germany — Adidas AG reported first-quarter profit that missed analysts’ estimates as the world’s second- biggest sporting-goods maker suffers from the relative strength of the euro and a drop in revenue at its golf unit.
DONGGUAN, China — Yue Yuen Industrial Holdings Ltd., a maker of shoes for clients including Adidas AG and Nike Inc., said production at its Dongguan factory has resumed fully after being disrupted by a strike that began April 14.
HONG KONG, China — China’s human resources ministry ordered a contractor for Nike Inc. and Adidas AG to rectify benefit payments to workers striking for a 10th day to demand more pay and employer contributions to social security accounts.
HONG KONG, China — Adidas AG is moving some production away from Yue Yuen Industrial Holdings Ltd.’s shoe factory in Dongguan, China, where a strike over benefits and pay disrupted output for a ninth day.
BEIJING, China — Yue Yuen Industrial Holdings Ltd., the world’s largest branded shoemaker, fell most in almost a year in Hong Kong trading after the company said it plans to increase factory workers’ compensation in a bid to end a strike.
HONG KONG, China — Yue Yuen Industrial Holdings Ltd., a shoe supplier for Nike Inc. and Adidas AG, said more than 1,000 factory workers in a southern Chinese city went on strike today, demanding better social security payments.
HONG KONG, China — Workers at a Chinese factory owned by the world's largest maker of athletic footwear are striking in a dispute over benefits.A worker said more than 10,000 employees at Yue Yuen Industrial's plant in the southern province of Guangdong joined the strike on Tuesday.
BERLIN, Germany — Adidas has launched a new store blueprint for its Originals fashion brand with a Wi-Fi equipped lounge and mobile charging points, aiming to persuade younger shoppers to linger longer and spend more in its high-margin, own-run outlets.
BoF compiles the most important professional moves of the week.