Adidas is updating its guidance for the year after reporting better-than-expected preliminary results for the first quarter of 2024. According to the German athletic company, currency-neutral revenues increased 8 percent compared to the prior year level. In euro terms, the company’s revenues grew 4 percent to 5.458 billion euros in the first quarter, versus 5.274 […]
All products and services featured are independently chosen by editors. However, Footwear News may receive a commission on orders placed through its retail links, and the retailer may receive certain auditable data for accounting purposes. DSW has teamed up with Vanderpump Rules star Ariana Madix on an exclusive curated collection of shoes for spring. According […]
More change is coming to Adidas. “We regret to inform you that Rupert Campbell, president Adidas North America, has decided to leave Adidas to pursue other opportunities,” the company said in an internal announcement, which was obtained by WWD on Monday. That’s another big shift for Adidas, which was already in the midst of major transformation. The […]
Puma has made a key leadership appointment to its North America sales team as the company increases its focus on growing in the key market. The German brand on Friday announced the appointment on Andrew “Rudi” Rudolph as SVP, wholesale North American sales. He starts Oct. 10 and will report to Puma’s president of North America Bob Philion. […]
Michael Kadous, the GM of North America for Adidas Outdoor, said he has exited the company. “Today is a bittersweet moment as I announce my departure from adidas and Terrex. A place that has been my professional home for the past remarkable seven years,” Kadous wrote via LinkedIn. His note continued, “I am incredibly grateful for the opportunities and […]
Adidas on Monday raised its full-year guidance, citing tailwinds from its decision to start selling Yeezy merchandise again after parting with Yeezy head Kanye West and his brand in October in light of repeated antisemitic statements. The German sportswear retailer on Monday reported preliminary results for the second quarter, noting that revenues and profits were “positively impacted” by its decision […]
Adidas is bringing its game-changing Ultraboost shoe to the golf course. The Adidas Ultraboost Golf, according to the brand, was inspired by the original stylish and functional running shoe that was unveiled in 2015. Adidas said the spikeless golf version was built using the same Ultraboost last, but features several golf-specific updates. These include Adiwear rubber outsoles […]