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Adidas to cut up to 500 jobs

Adidas to cut up to 500 jobs after posting better-than-expected holiday profits

Adidas plans to cut as many as 500 jobs at its corporate headquarters in Germany in a bid to simplify its business—not to cut costs.

Barron's · 22h

Sportswear Giants Adidas And Puma Weighing Job Cuts

German sportswear giants Adidas and Puma have both said they are seeking to reduce costs, including through possible job cuts, as they aim to bolster profits.

International Business Times · 20h

Adidas To Cut 500 Corporate Jobs: Company Structure 'Too Complex'

The chief executive officer Bjoern Gulden of Adidas AG will cut 500 roles based at its headquarters in Herzogenaurach as the company outperformed projected sales for the retro sneakers.

Investing.com on MSN · 22h

Adidas plans to cut up to 500 jobs at German headquarters - report

Adidas (OTC:ADDYY), the world's second-largest sportswear maker, is planning to reduce its workforce at its headquarters in Herzogenaurach, Germany, by up to 500 positions, Reuters reported, citing a source familiar with the matter.

2don MSN

Adidas seals turnaround year with strong quarterly sales — after Kanye disaster

The results mark a significant recovery for Adidas from an annual loss in 2023 for the first time in more than 30 years, ...

Adidas AG: Strong Financial Performance and Strategic Initiatives Drive Positive Outlook and Buy Rating

In a report released yesterday, Alison Fok from DBS upgraded adidas AG (0OLD – Research Report) to a Buy, with a price target of €285.00.Invest ...

Adidas Makes A Big Push Into The Pickleball Market With Staksrud Sponsorship

An in-depth discussion with All Racquet Sports, the manufacturer behind the adidas pickleball line, discussing their ...

23h

Adidas: Back On Track, Likely To Outperform

Adidas' sales and profitability are on the rise in FY24. Read why ADDYY stock is primed for continued growth, especially with Nike’s current struggles.

Adidas Reports Fourth-Quarter Sales and Profitability Gains

Adidas reported sales of 5.956 billion euros ($6.2 billion) for the quarter, up from 4.812 billion a year ago. For the full ...

13h

adidas AG (0OLD) Gets a Buy from Kepler Capital

Kepler Capital analyst Jurgen Kolb maintained a Buy rating on adidas AG (0OLD – Research Report) on January 22 and set a price target of ...

Lionel Messi’s Wife Antonela Roccuzzo Puts Adidas’ Squat-proof Clothing Technology to the Test in Optime Collection Campaign

Antonela Roccuzzo is the new face of Adidas’ latest campaign. The philanthropist makes her debut with the sportswear company, ...

2don MSN

Adidas Shares Jump After Preliminary Results Beat Expectations

The sporting-goods company surpassed its own profit expectations amid fierce competition in the sector and as its biggest ...

18h

Adidas Signed WNBA Star Satou Sabally To Add To Their Women’s Basketball Division

Ahead of an expected move in free agency, Satou Sabally signed a new deal with adidas to join the brand’s WNBA roster of stars.

17hon MSN

Satou Sabally Teams Up With Adidas Basketball To Redefine The Game On And Off The Court

Currently an WNBA free agent and Unrivaled’s Phantom BC forward, Sabally brings a unique blend of international experience and competitive drive. Her journey from the Dallas Stars to adidas represents ...

Under the Laces on MSN1h

Adidas x Fear of God showcase Athletic Trainer-- Inspiration from classic Yeezy's?

The next installment in the Adidas x Fear of God collection is set to release sometime in 2025, and as we have yet to have an ...

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