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 sporting goods giant Adidas Group has raised its full-year guidance after posting a 21% rise in second-quarter sales, helped by the early termination of its sponsorship deal with English football club Chelsea FC.
German sportswear giant Adidas is preparing to roll out its "industry-changing" Speedfactory facility in the US, bringing the total annual capacity up to 1m pairs with the company claiming further expansion is possible over the course of the coming years.
German sportswear giant Adidas has created its first T-shirt using reclaimed ocean waste as part of a collaboration with sustainability group Parley for the Oceans.
German sportswear giant Adidas has filed a lawsuit against Skechers, accusing the US based footwear maker of copying the Springblade concept in its Mega Flex shoes.
As the UEFA European championship 2016 nears its climax in Paris at the weekend, the three main sportswear sponsors have been criticised for shifting their supply chains around countries in Asia where workers who make their shirts earn less than the living wage.
Inditex, Hennes & Mauritz (H&M) and Benetton have been praised by environmental activist group Greenpeace for being on track to clean up their chains, while Victoria's Secret, Esprit and sports brands Nike and LiNing are lagging behind the field.
German sportswear giant Adidas has completed the sale of its non-core nostalgia headwear and apparel brand Mitchell & Ness to a newly formed entity primarily owned by Juggernaut Capital Partners.
German sportswear giant Adidas has struck a long-term deal with rapper-turned-designer Kanye West in what it calls "the most significant partnership ever created between an athletic brand and a non-athlete".
German sportswear giant Adidas has struck a deal to work with Chinese conglomerate Wanda Group to promote football and basketball in the country and open large-scale stores in its malls.
German sportswear giant Adidas has announced its football business is expected to reach new record sales in 2016 after reporting market share gains across Western Europe, especially in key cities, one year after re-launching its football footwear offering.
Berlin-based fashion e-tailer Zalando has named Adidas as the first international brand partner to join its online platform, with stock from its Tauentzienstraße performance store in the city being available for same-day, free delivery.
German sportswear giant Adidas has released a limited edition concept shoe created using reclaimed ocean waste via a collaboration with sustainability group Parley for the Oceans, and is preparing to scale up the initiative later this year.
German sportswear giant Adidas has agreed to sell its non-core nostalgia headwear and apparel brand Mitchell & Ness, to focus on its performance sport agenda.
German sportswear giant Adidas is gearing up to begin large-scale footwear production next year at its "industry-changing" Speedfactory facility in Germany – and plans to extend the concept to the US.
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.
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...
- Why Inditex is "clear winner" in fast fashion
- Why fast fashion isn't a case of one size fits all
- Brexit blow to global apparel industry confidence
- Sir Philip Green blamed for the collapse of BHS
- TPP tariff phase-out guides Vietnam sourcing plans
- Vietnam mulls wage freeze to boost competitiveness
- US Q2 in brief - Columbia Sportswear, Rocky Brands
- VF Corp cuts guidance as Q2 profit plunges 70%
- Teijin launches polyester hook-and-loop fastener
- Ananta Group hits back at Bangladesh union claims
- Central America strategic sourcing review - a focus on Guatemala, El Salvador and Honduras
- Southeast Asia strategic sourcing review – a focus on Cambodia, Vietnam and Myanmar
- World Textile and Apparel Trade and Production Trends: the EU - June 2016
- Primark Stores Limited: Retailing - Company Profile & SWOT Analysis
- Global market review of lingerie - forecasts to 2020