Newsfeeds Archive - Spark Newswire

1 minute read

Why Xponential Fitness Shares Are Surging On Monday

June 17, 12:29 PM

Xponential Fitness announces Mark King as the new CEO effective June 17, 2024, boosting investor confidence. King, with a robust track record at Taco Bell and Adidas, aims to enhance global brand performance and franchise operations.

ADDYY

2 minute read

Adidas Faces Bribery Allegations In China, Launches Investigation: Report

By Shivani Kumaresan

June 17, 5:44 AM

Adidas AG is reportedly probing deep into accusations of bribery within its China operations, following whistleblower allegations of high-ranking officials embezzling millions. Despite the severity, no staff have been suspended as Adidas reassures its commitment to high ethical standards.

ADDYY

2 minute read

Uncategorized

Lululemon Needs To Turn Its Fortune Around In The Americas

By Upwallstreet

June 6, 9:54 AM

On Wednesday, Lululemon Athletica Inc. (NASDAQ: LULU) surpassed Wall Street’s earnings and revenue estimates with its first fiscal quarter results.

ADDYY

8 minute read

How 3 Chilean Brothers Built A Global Cannabis Platform Embraced By Big Sponsors Like Adidas And Crocs

By Javier Hasse

June 2, 2:26 PM

It was the year 2013 and Santiago, Chile’s capital, was unknowingly about to become the epicenter of a digital phenomenon that would redefine the perception of cannabis in the Spanish-speaking world.

ADDYY

2 minute read

Nike Wins Partial Victory in Three-Stripe Trademark Battle with Adidas

By Shivani Kumaresan

May 28, 2:43 PM

Nike Inc. (NYSE: NKE) has won the right to feature three stripes on some trouser designs in Germany, following a significant court ruling. The Duesseldorf regional court partially overturned its previous decision, allowing Nike to use the stripes on four out of five disputed models. This decision comes amid an ongoing trademark dispute with Adidas AG (OTC ), highlighting the fierce competition in the sportswear industry.

ADDYY

3 minute read

Napkin Sells For $1M, Here’s How Lionel Messi Was Involved

By Chris Katje

May 22, 5:07 PM

Sports memorabilia that involves Lionel Messi is popular with collectors. One of the most unique pieces in Messi's soccer history recently sold at auction.

AAPL

2 minute read

Adidas Puts Yeezy History Behind, Rides Fashion High With Samba And Gazelle Shoes

By Benzinga Neuro

April 30, 5:04 AM

Adidas' first-quarter sales in Europe and China have contributed to a 14% and 8% increase respectively, while North America, its second-largest market, experienced a 4% decrease.

ADDYY

2 minute read

Why Is Athletic-Inspired Fashion Retailer Hibbett Stock Jumping Today?

By Nabaparna Bhattacharya

April 23, 6:27 AM

Hibbett's 18% surge follows JD Sports' acquisition deal, marking a strategic move in the athletic retail sector.

ADDYY

2 minute read

Uncategorized

Still-In-The-Woods Adidas Provides Glimpse Of Recovery With A Lifted Guidance

By Upwallstreet

April 17, 1:31 PM

In an unscheduled announcement, Adidas AG (OTC: ADDYY) (OTC: ADDDF) raised its 2024 profit outlook after a better than expected first quarter. The good news come a month after the German sportswear giant posted its first annual loss in m

ADDDF

1 minute read

Adidas Boosts Outlook On Strong Q1 Results: Details

By Shivani Kumaresan

April 17, 6:02 AM

Adidas AG reported preliminary results for the first quarter of 2024, with an 8% increase in currency-neutral revenues. In euro terms, revenues grew 4% to €5.458 billion in the quarter.

ADDYY