While the luxury sector continues to take a hit, sportswear unexpectedly came out on top. The German athletic retailer adidas reported a 12% increase in growth and €23.68 billion EUR in overall sales ...
Adidas has been trying to put the Yeezy affair behind it since antisemitic rants by Kanye West forced it to end the ...
The sportswear maker was eager to put the scandal with the rapper Ye behind it, but its cautious earnings forecast showed the ...
Shares in sportswear brand Nike (NKE) were off the pace today as German rival Adidas declared it wanted to knock it off the ...
The once-promising partnership between Adidas and Ye, the rapper previously known as Kanye West, has reached its endgame as ...
Adidas expects sales for its namesake brand to grow at a double-digit rate in markets including North America. Sales growth accelerated in the region to 15% in the fourth quarter excluding currency ...
Nike (NKE), the global leader in athletic footwear and apparel, has once again secured a top spot on Wall Street’s radar. Jefferies recently upgraded Nike stock to “Buy” from “Hold” and raised its ...
Bank of America (BAC) stock looked set to rebound slightly when US markets open later on, having seen its stock price dip 6.3 ...
Adidas AG (OTC: ADDYY) saw a 19% rise in currency-neutral Q4 sales, reaching €5.97 billion. The boost was fueled by robust footwear and apparel demand, as well as the sale of Yeezy inventory, ...
The nationalistic forces that boosted ‘Ne Zha 2' and DeepSeek have also lifted Chinese stocks. But, are the gains sustainable ...
— CNBC's Alex Harring, Jesse Pound, Kevin Breuninger, Dan Mangan, Russell Leung, Michael Wayland, Diana Olick, Lori Ann LaRocco, Gabrielle Fonrouge and Karen Gilchrist contributed to this report.
The sporting-goods company targets continued sales growth and market-share gains as arch-rival Nike seeks a turnaround to ...