Adidas Financial News

This Amazon Diwali sale, you can find great deals on merchandise, customized cricket kits, trophies, and posters. Whether you're a cricket enthusiast or looking for the perfect gift for someone who is, this sale offers a wide range of products at discounted prices. From personalized cricket jerseys to commemorative trophies and vibrant posters, there's something for every fan to celebrate the festival of lights with style. Don't miss out on these fantastic Cricket fever offers to make this Diwali even more special for the cricket lovers in your life.

World Cup final, companies are making big plans to tap into peak cricket mania, with the weekend shaping up to be a bumper post-Diwali mini festival. Bars and restaurants are creating Bleed Blue shots and Shami and Virat menus coupled with consumer promotions. Delivery platforms have asked companies to increase supplies of soft drinks and snacks in expectation of demand shooting up as fans gather at homes to watch the final together. Theatres, clubs and condominiums are hosting live screenings. The official India blue jersey supplier Adidas has extended sale points to general trade stores to meet unexpectedly high demand. TV brands and retailers say there's been a 40% surge in the sales of large-screen sets from the post-Diwali period last year.

Roy Keane -former Manchester United captain — has made a surprising career move, shifting from football punditry to fashion modeling for Adidas' latest clothing brand campaign. The 52-year-old, known for his strong opinions on football, posed with his dog Jet to showcase the sport brand's newest outdoor range.

Adidas says it may write off the remaining 300 million euros ($320 million) worth of Yeezy shoes left unsold after it cut ties with rapper Ye, formerly known as Kanye West

By Blake Brittain

Adidas and Bugatti have partnered to announce the auction of a select quantity of soccer boots through Adidas’ web3 platform.

Luxury carmaker Bugatti and shoe giant Adidas have partnered to auction a limited-edition football shoe, which will come with a digital twin.

Sportswear firm Adidas India is clamping down against «IP infringements» of its blue India cricket jerseys and closely monitoring the market for duplicates, at a time when the jerseys are selling out within hours during the ongoing ICC World Cup. said general manager Neelendra Singh. «We have a process in place to clampdown IP infringement.

Decathlon's India unit expand sales 37% to Rs 3,955 crore in FY23. With more than 100 large, warehouse-like stores selling products catering to 85 sporting disciplines, the French company is bigger than Adidas, Nike and Asics all put together in India. In FY22, sales were Rs 2,936 crore, according to its latest filings with the Registrar of Companies.

Adidas on Tuesday hiked its full-year guidance and posted stronger-than-expected third-quarter earnings, aided by sales of its Yeezy inventory.

A volleyball shoe startup is bringing attention to colleges' multi-million-dollar contracts with athletic apparel companies and terms that prevent athletes from wearing other brands

Lionel Messi, the famous footballer, played his first match for Inter Miami FC in Major League Soccer in July. It was his North American debut. A documentary series titled 'Messi Meets America' chronicles Messi's transition from international football fame to playing for a less-known team in a less popular league. Messi's move to Miami had a significant impact on soccer viewership in North America, even prompting Adidas to release special T-shirts in his honor.

(Reuters) — Shares in Puma fell 7.8% on Thursday after analysts said the sportswear company's third quarter earnings might fall short of market expectations.

NEW DELHI : Real estate developers across India are embracing the concept of outlet malls, inspired by the success of similar models in the West, offering clothing and footwear at discounted rates as brands seek avenues to liquidate stocks. While retail spaces such as outlet malls are already popular, particularly in Punjab, real estate experts said the trend is emerging as a pan-India phenomenon. Also, foreign outlet developers are also exploring ways to introduce global formats in India, they added.

By Savyata Mishra

IYK, a Web3 startup that provides tools to Adidas, Billionaire Boys Club, and Atlantic Records as clientele, has secured a seed round raise worth over $16.8 million.

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The head of the Anti-Defamation League said in a post on X on Thursday that he was in touch with Adidas CEO Bjorn Gulden who apologized for his remarks about Kanye West and reiterated the sportswear company’s fight to end antisemitism

Adidas CEO Bjørn Gulden said he doubts that Ye, the artist formerly known as Kanye West, “meant what he said” when he made a series of antisemitic and offensive remarks last year

Hindustan Times. With the the anthem, 'Dil Jashn Bole', got mixed reactions on social media, hours later Adidas -- India's kit partners -- came up with an anthem of their own for the Indian cricket team. Its 2-minute 21-second anthem called "Impossible Nahi Ye Sapna, 3 Ka Dream Hai Apna" pings into India's quest to win the third ODI World Cup.

Adidas ended a major partnership with Ye over his statements, discontinued Ye’s line of Yeezy shoes and moved up the planned departure of its CEO. In a statement at that time, the company said it “does not tolerate antisemitism and any other sort of hate speech." It added: “Ye’s recent comments and actions have been unacceptable, hateful and dangerous, and they violate the company’s values of diversity and inclusion, mutual respect and fairness." Gulden struck a different tone on the investing podcast “In Good Company." “I think Kanye West is one of the most creative people in the world," Gulden said in an episode released Sept. 12.