Adidas AG, the world’s No. 2 sports gear maker, cut its profitability forecast for 2014 by 2 percentage points after first-half revenue in North America dropped 14 percent on slumping demand for golf equipment.
FRANKFURT, Germany — Hugo Boss AG, the German luxury clothing maker, reported second-quarter earnings that met analysts’ estimates as the company opened more of its own stores to showcase its goods and rely less on outside retailers.
FRANKFURT, Germany — Puma SE, Europe’s second-largest sporting-goods maker, reported a milder-than-anticipated drop in operating profit as the company debuted new products including a pink-and-blue football cleat to stoke sales.
FRANKFURT, Germany — The biggest event in soccer starts next month with the first kick at the World Cup. Puma SE won’t start its major promotional push until it’s all over.
FRANKFURT, Germany — Hennes & Mauritz (H&M), the world's second-biggest fashion retailer, supports higher wages for textile workers in Bangladesh, its chief executive said, but warned that higher costs could also prompt some companies to go elsewhere.
ITALY , Germany — Hugo Boss AG, the German luxury- clothing maker, forecast accelerated sales growth and rising earnings for this year as the company spends more to promote itself in Asia.
FRANKFURT, Germany — Shareholders in German fashion house Hugo Boss can expect a higher dividend for 2013, its chief financial officer told Reuters on Friday.
FRANKFURT, Germany — When soccer teams battle for the World Cup in Brazil next year, another fight for global supremacy will be played out on the pitches — between Adidas and Nike.
FRANKFURT, Germany — German fashion house Hugo Boss has abandoned its 2015 profit target, joining the ranks of luxury goods companies warning of slowing sales growth in China.
FRANKFURT, Germany — Adidas AG, the world’s second-biggest maker of sporting goods, reported a drop in third-quarter profit as sales in western Europe and North America declined.
FRANKFURT, Germany — Adidas AG, the world’s second- largest maker of sporting goods, cut its 2013 earnings forecast because several currencies weakened against the euro.