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...Adidas declined to comment on donations....
...He is a top shareholder in Adidas and a member of its supervisory board....
...“It is currently not clear whether the accusations made in an anonymous letter are true,” Adidas said in a statement on Thursday....
...Adidas chair Thomas Rabe, chief executive of German media giant Bertelsmann, declined to comment....
...Sports marketer Tim Crow says Adidas will now “move heaven and earth” to win deals with German national team players. But the big target could be Adidas’ deal with Fifa, the organiser of the World Cup....
...Shares in Adidas, which have risen 32 per cent over the past 12 months, were flat in morning trading....
...“It felt like Adidas tried to get away without us.”...
...Losing sponsorship of its home country’s national football team is a blow for Adidas’ sports-obsessed chief executive Bjørn Gulden....
...Years of wandering have put Adidas a long way behind its old nemesis Nike. It was a bad-tempered rivalry: “He went to work for Adidas. An intolerable betrayal....
...In August, Adidas said it would donate €110mn to charity after its first Yeezy sale....
...However, Adidas was far from alone in its approach....
...Adidas cut ties with West after his series of antisemitic remarks caused a public outcry....
...Shares in Adidas were up 1.8 per cent in midday trading on Thursday....
...Adidas is evaluating ways to “improve the management of Adidas partnerships and to minimise the risk of inappropriate behaviour by partners and unacceptable working conditions”, he added....
...Adidas declined to comment, but said it would address Union Investment’s questions at its annual meeting....
...It is now the world’s third-largest sporting goods company, just behind Nike and Adidas. The local duo’s shares trade at a steep discount to Adidas on a trailing earnings basis....
...Shares in Adidas surged more than 8 per cent on Friday, but the stock remains down 10 per cent over the past 12 months....
...Adidas did not give any reason for her sudden departure....
...The Adidas executive sported a red Adidas tracksuit top with “China” splashed across it in Chinese characters, part of a new line that he says has been flying off the shelves....
...Adidas will have little upside until the Yeezy debacle is well behind it....
...Adidas has not decided what to do with the unsold Yeezy stock. “Many people have very simple solutions....
...New chief executive Bjørn Gulden did more than throw out the kitchen sink at Adidas: he booted it clear out of the field....
...chapter for Adidas”....
...He arrived at Adidas with a mandate to cut costs and improve profitability....
...“Effective January 1, 2023, Bjørn Gulden is appointed as member of the Executive Board and CEO of Adidas AG,” Adidas said in a statement, adding that departing chief executive Kasper Rørsted would leave...
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