Adidas announced its results for the third fiscal quarter, including sales of $2.89 billion and a net income of $213 million
The Drinnon Law Firm announced a federal trademark and copyright lawsuit against adidas AG and the NBA Store, charging that the Company's 'We Not Me' national multimedia advertising campaign violates an active and long-held trademark and copyright
Adidas was named as an official supplier for the 2009 Artistic Gymnastics World Championships in London England, October 13-18, 2009. As official apparel suppliers, adidas will supply branded apparel for the event.
Adidas announced that it extended its partnership with UEFA to continue to be the lead sponsor for the 2012 and 2016 Euro Cup soccer tournaments. Adidas will continue to supply all match balls, staff, officials, and volunteers for the tournament.
German sportswear giants Puma and Adidas have ended a 60-year feud started by their founding brothers by agreeing to play a friendly football match in the Bavarian town of Herzogenaurach, where both companies are based.
Adidas and Puma join forces in an effort to raise awareness for peace initiative PEACE ONE DAY and the necessity of peaceful cohabitation
Adidas AG was included in the Dow Jones Sustainability Indexes for the 10th time, as well as being named an Industry Leader for the 7th consecutive time and a Global Supersector Leader for the 2nd consecutive time
The company said the worst was behind it as it barely reported a profit of 8m euros, compared to 117 million in the year-ago quarter.
Adidas finalized its acquistion of golf apparel manufacturer Ashworth.
Adidas' Q3 sales increased by 11% from a year earlier, primarily because of a 39% and 23% increase in sales in the Latin American and Asian regions, respectively. Furthermore, its Q3 earnings per share increased by 6%, marking an overall 14% increase in earnings per share through 9 months of 2008.
Addidas announced that it would acquire the golf apparel manufacturer Ashworth for $72.8 million. With the acquisition, Adidas' TaylorMade-adidas Golf will enhance its golf apparel business.
adidas AG announces a 12% increase in second quarter profits compared to 2007. adidas managed this increase despite struggling in the US market. adidas and Reebok brand sales were down 8% compared to 2007.
Reebok International Ltd. agreed to pay a record $1 million fine after having to recall 300,000 charm bracelets that contained toxic amounts of lead. The bracelets were free gifts that were included with the purchase of children's shoes. A 4 year old boy from Minneapolis died in March 2006 after swallowing one of the bracelet's charms.
adidas shares rose as rumors that Nike would bid for the company circulated.
