Adidas plans to cut as many as 500 jobs in a bid to simplify its business, a person familiar with the matter confirmed to ...

The German sporting-goods company said its operating profit climbed to €1.34 billion last year from €268 million in 2023.

The German sporting-goods company posted an operating profit €57 million in the fourth quarter compared with an operating ...

Adidas on Tuesday said that its operating profit jumped five-fold last year, as the German sportswear giant moves past a crisis triggered by its split from musician and entrepreneur Kanye West.

Adidas AG reported better-than-expected results amid the sustained boom for retro sneakers like the Samba and more sales from ...

Adidas and Puma, two of Germany’s leading sportswear companies, are reportedly planning significant layoffs as they navigate ...

Employees learned about the cuts on Wednesday, just one day after Adidas announced what it called better-than-expected preliminary profit results for its holiday quarter and 19% sales growth.

German sportswear giants Adidas and Puma have both announced they are seeking to reduce costs, including through possible job ...

In a significant organizational shift, Adidas is planning substantial changes at its corporate headquarters in Herzogenaurach. The company has announced potential job cuts affecting up to 500 ...

Adidas’ operating profit jumped five-fold last year as the German sportswear company continues to move past the turmoil from ...

Puma SE shares plunged after the German sportswear company reported disappointing earnings and pushed back profitability ...

Shares in Puma dropped 15% as the market opened on Thursday after the German sportswear brand reported lower than expected ...