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 ...

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

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

According to the German athletic company’s preliminary results for Q4 2024, Adidas saw revenues grow 24 percent in the period ...

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

Adidas’ operating profit jumped five-fold last year as the German sportswear company continues to move past the turmoil from its split from musician and entrepreneur Kanye West. Its full-year ...

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 exceeded its operating profit target last year after sales surged in the key Christmas quarter. The German sporting-goods company said Tuesday that its operating profit climbed to 1.34 ...

Puma announced belt-tightening efforts on Wednesday and downgraded its profit margin guidance ... who left for crisis-rattled Adidas after having led Puma for almost a decade.

FRANKFURT, Germany — Adidas on Tuesday said that its operating profit jumped fivefold last year, as the German sportswear giant moves past a crisis triggered by its split from musician and ...

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.