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Tim LohFortune |
CEO Bjorn Gulden has pledged to return Adidas to growth this year following the collapse that the company faced during the pandemic when demand dried...
The brand has faced calls for boycotts in some markets over its support for Israel’s team.
The German pharma and agriculture company stopped the main study of its top experimental medicine due to a lack of efficacy and lost a key US trial...
Adidas is still contending with high levels of unsold goods, especially in the U.S.
Adidas now expects an operating loss of about €100 million ($106 million) in 2023. That’s better than the €450 million loss it forecast in...
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