Adidas is investigating allegations of embezzlement and kickbacks in China
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Adidas asian news
Bella Hadid 'shocked' at 'lack of sensitivity' in Adidas ad campaign linked to 1972 Munich Olympics
Model Bella Hadid issued a statement after starring in a controversial Adidas campaign that the sportswear company said had an "unintentional" connection to a bloody terrorist attack.
Adidas shares rise 4% after hiking 2024 guidance
Shares in Adidas rose on Wednesday after the company announced it would hike its full year 2024 earnings guidance following better-than-expected preliminary results for the second quarter.
Two Adidas employees out in China corruption probe
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Adidas investigates bribery allegations in China, FT says
Adidas has launched an investigation into allegations of large-scale bribery in China after the company received a whistleblower complaint that accused senior staff of embezzling "millions of euros", the Financial Times reported on Sunday.
JD Sports to buy U.S. rival Hibbett in $1.08 billion sportswear retail deal
JD Sports Fashion has proposed to buy American athletic fashion retailer Hibbett Inc for about $1.08 billion, the companies said on Tuesday, as Britain's biggest sportswear retailer looks to expand across the southeastern U.S.
Adidas shares rise 8% after first-quarter profit hike, improved outlook
Shares of Adidas jumped 8.2% on Wednesday after the company unexpectedly raised its full-year guidance and reported a year-on-year profit increase in the first quarter.
Indonesia outlet malls draw middle-class fans of Adidas, Coach
JAKARTA -- Large-scale outlet malls are opening in Indonesia as both local and international players tap a growing appetite for designer brands among the world's fourth-largest population.