Adidas, which said it explored “multiple scenarios” for releasing its remaining inventory of Adidas Yeezy products, has divulged it will begin unloading items, with an initial release set …
.
Your one-stop source for retail intelligence in Asia
Search Results For: adidas
Adidas revenues dip 1 percent in the first quarter of the year
Sportswear giant Adidas has reported its first quarter results for 2023, announcing a 1 percent decline in revenues from EUR5.3 billion (USD5.85 billion) to EUR5.27 billion (USD5.81 billion). SEE ALSO…
Adidas Greater China sales take massive hit
German sportswear giant Adidas announced on March 7 total revenues for the year 2022 grew just 1 percent, reflecting increases in all market segments except for Greater China. …
Puma CEO to lead Adidas next year
Adidas announced on November 4 that it is in talks with Puma’s soon-to-departed chief executive officer, Bjorn Gulden, as the German sportswear giant looks for a successor to replace Kasper Rorsted [&…
adidas and Starbucks retail spaces to debut in Shell Philippines
In order to boost revenues beyond fuel, Pilipinas Shell Petroleum Corp, the publicly listed Philippine arm of Shell Plc, plans to build retail shops and restaurants in a third of its petrol stations b…
Despite an increase in sales, adidas’ operating profit declines in Q2
adidas is facing incongruent results from their western and Greater China markets. The company’s traditional market is thriving despite continued challenges in supply and demand. However, the impacts …
The Supermart by ZALORA x adidas opens at Bugis Junction
ZALORA and Adidas collaborated to open The Supermart pop-up store in Singapore to boost the sportswear brand’s presence on the e-tailer’s platform. This project aims to strengthen Adidas’s…
adidas hosts “Landing on OZ Future” with Tencent Music Entertainment
adidas Original teamed up with Tencent Music Entertainment Group’s virtual music festival TMELAND to host “Landing on OZ Future Concert” on 22nd May. The event, which drew 1.3 million people, fe…
Adidas sees China sales plunge 35 percent, while Under Armour sales dip 14 percent in APAC
Global sportswear company Adidas reported a 0.6 percent revenue decline for the first quarter, as sales declines in its eastern markets offset double-digit growth in the west.…
adidas launches AI generated avatar creation platform
adidas is set to launch the world’s first personality-based AI-generated avatar creation platform, which allows each avatar to freely roam across over 1500 apps and games.…