Faced with downward pressure on demand from unseasonably warm weather, the outdoor industry is broadening its appeal to work across multiple...
Expecting a hike of up to $1.8bn in the cost of sourcing its products over the next five years, German sportswear giant Adidas Group is real...
Among the industry executives who spoke with just-style this year were William E Connor, chairman and CEO of William E Connor & Associates; Patagonia's director of social & environmental responsibility Cara Chacon; Frank Henke, global director of social and environmental affairs at German sporting goods giant Adidas Group; and Esquel Group vice chairman and CEO John Cheh.
Adidas’ annual Group Sustainability Report offers a yearly snapshot of the company’s achievements and challenges in the fields of the environment and social responsibility – but also gives a glimpse of the future.
Sporting goods giant Adidas is evolving its factory monitoring system away from auditing to track supply chain compliance and is instead working to develop self-governance programmes for its suppliers. Part of the process has been to improve communication with workers at its supplier factories - including the launch of an SMS hotline, which will reach 250,000 workers by the end of the year.
Adidas Group has said speed to market will be a key competitive advantage for the German sporting goods giant over the next five years, as it looks to accelerate profit and sales growth. With this, the company is piloting automated production units closer to its core consumers to reduce lead times.
“You cannot solve the sustainability agenda overnight,” explains Frank Henke, global director of social and environmental affairs at German sporting goods giant Adidas Group. Indeed, as he tells just-style, the company has faced a moving target since it launched its first sustainability programmes some 15 to 20 years ago – and that target is today moving faster than ever.
Adidas Group CEO Herbert Hainer is confident that major investments in the World Cup this summer are paying off. In an interview with just-style news editor Joe Ayling, he also discusses sourcing, currencies and his vision for the Reebok brand.
German sportswear group Adidas has made a strong start to its financial year with record first-quarter sales – and says it is in talks to divest parts of its golf division in a move to focus on footwear and apparel.
Adidas has upped its full-year outlook after strong brand momentum contributed to a better than expected first-quarter for the German sporting giant.
Unions and labour groups are calling on Adidas and Japanese sporting goods group Mizuno to resolve an ongoing worker dismisal dispute at two footwear factories in Indonesia affecting nearly 350 employees.
German sporting goods giant Adidas Group has revealed plans to open 3,000 new stores in China by 2020 as it looks to become the 'best sports brand' in the region.
German sportswear giant Adidas narrowed its net loss in the fourth quarter, boosted by sales growth from its namesake and Reebok brands.
German sportswear giant Adidas has won a ruling by the European Union's top court giving it the sole right to its 'three stripes' motif in the 28-nation bloc.
German sporting giant Adidas sourced 43% of its cotton as Better Cotton in 2015, beating its original target for the year and marking a new company record.
Adidas Group has appointed Kerry Speak to the newly-created position of global women’s creative director as the sporting goods brand turns its focus more to the female athletic market.
Adidas has obtained a preliminary injunction prohibiting Skechers from selling two footwear styles, and using the word 'Supernova' in a third, following a trademark lawsuit filed by the German sportswear giant in September last year.
German sportswear giant Adidas has launched the first of its limited edition tennis footwear that aims to improve comfort and performance.
Sporting goods giant Adidas Group has raised its earnings and sales forecasts for this year, after it exceeded its targets in 2015, thanks to increased marketing investments.
German sportswear giant Adidas Group has found a replacement for CEO Herbert Hainer in Kasper Rosted, nearly a year after beginning the search for a new chief executive.
Sporting goods giant Adidas Group has revealed that its Greater China subsidiary achieved sales of EUR2bn (US$2.18bn) in 2015 – the company's highest ever annual sales in the region.
Lululemon Athletica has defended its position following the release online of an animal rights campaign video claiming the Canadian yoga wear brand continues to sell clothing items using "cruelly produced down".
Materials science business PrimaLoft has developed PrimaLoft Gold Insulation Active, which is said to offer a breathable four-way stretch performance and unmatched warmth during outdoor activities.
Instead of our regular roundup of the most-read stories on just-style during the week, we thought a fitting end to the year would be to take a look at the top news stories on just-style in 2015. Free trade agreements, cutting-edge innovations, sandblasting in Chinese jeans factories, new minimum wages, and retail job cuts were some of the issues that made the headlines.
Adidas has revealed a concept shoe that includes a 3D-printed midsole made from reclaimed ocean waste as part of a collaboration with sustainability group Parley for the Oceans.
The most-read stories on just-style this week include Adidas warning of a significant rise in sourcing costs over the next five years, a look at the US tariff phase-out schedule for textiles and apparel under the recently agreed Trans-Pacific Partnership (TPP), the uncertainty of future denim and jeans production bases, and Mango's new business strategy that involves a "revolutionary" offering with supply chain changes.
German sporting goods giant Adidas Group has warned of a "significant" increase in its underlying sourcing costs over the next five years due to higher labour and material expenses, but believes it can mitigate these headwinds through increased supply chain efficiencies, price rises and cost savings.
Adidas Group has revealed that its first "Speedfactory" in Germany will start producing the sporting goods giant's first 500 pairs of running shoes as early as next year.
A group of seven apparel companies, including Levis Strauss & Co, VF Corp and Gap Inc, have signed a declaration calling on government leaders to reach a strong climate change agreement.
German sportswear giant Adidas Group has upped its full-year guidance thanks to higher third-quarter sales, but revealed plans to cut 14% of the workforce at its struggling TaylorMade golf division in a bid to boost earnings.
German sporting goods giant Adidas Group has been named as the world's third most sustainable company this year, according to a ranking released by Toronto-based media company Corporate Knights to coincide with the World Economic Forum in Davos, Switzerland.
Speculation emerged last week that a group of investors is planning to bid for Adidas Group's Reebok unit, and that a likely sale would enable the German sportswear giant to realign its strategy as a fitness and lifestyle brand.
adidas Group in Apparel and Footwear (Philippines)
Adidas Group Inc is expected to widen its base in the Philippines by expanding its distribution network. The opening of more shopping malls in Metro Manila and key provincial cities will continue to p...
Adidas Group in Apparel and Footwear (Hong Kong, China)
The player is expected to consolidate its leading position in apparel and footwear in general and sportswear in particular by tapping into the potential of sportswear with more-innovative products tha...
adidas Group in Apparel and Footwear (France)
In France, adidas is focusing on three main sports to drive sales - football, running and basketball. These three sports contribute the most to the company’s turnover and are the most dynamic areas of...
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