Taylor Made Golf Company - apparel and textile industry company news 
GERMANY: Adidas bullish after Q3 profit rises 14%
3 November 2011
Sporting goods giant Adidas is set for a record year after third quarter profit rose 14% on an 8% revenue increase, with margins holding up thanks to increased retail sales.
GERMANY: Adidas targets record year after H1 profit surge
4 August 2011
Sporting goods giant Adidas is on the way to record sales and earnings in 2011 after first-half net profit rose 19% on the back of strong growth across the business.
GERMANY: Adidas lifts outlook as Q1 profit jumps 25%
5 May 2011
German sportswear and equipment maker Adidas AG today (5 May) raised its full-year sales guidance after a double-digit first quarter revenue hike helped offset higher raw material costs.
GERMANY: Adidas promotes Ohlmeyer as e-commerce chief
9 February 2011
German sporting goods firm Adidas Group has promoted Harm Ohlmeyer, currently its COO for e-commerce, as chief e-commerce officer beginning 1 April.
Speaking with style: Adidas Group CEO Herbert Hainer
1 July 2010
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.
10 quotes by Adidas CEO Herbert Hainer
1 July 2010
This month just-style news editor Joe Ayling interviewed Adidas Group CEO Herbert Hainer about business, the economy and sourcing. They also spoke about the ongoing FIFA World Cup tournament in South Africa, which Adidas is heavily involved with as official sponsor.
GERMANY: Adidas reports golf leadership
29 June 2010
German sporting goods firm Adidas Group says it has gained a shared lead in the global golf apparel market with Ashworth.
CHINA: Shop owner jailed after counterfeit golf raid
22 January 2010
The Shanghai Huangpu District People's Court has sentenced a retail shop owner in the Chinese city, Fan Chaokui, to serve a seven month jail term and pay a fine after being convicted of selling counterfeit golf equipment including apparel.
GERMANY: Adidas scents upturn as Q3 profit slumps
4 November 2009
Sportswear giant Adidas has posted a 30% decline in third quarter profit – but said it was “cautiously optimistic” about its fortunes in the coming year.
GERMANY: Adidas eyes improvement as Q2 profit crashes 93%
5 August 2009
Widespread revenue declines sent second quarter profits at Adidas crashing by 93%, but the company is scenting an improvement in the second half of the fiscal year.
GERMANY: Adidas restructures as Q1 profit plummets 97%
5 May 2009
Sporting goods giant Adidas is to axe its regional offices as part of a restructuring programme designed to lay the foundation for sustainable long-term growth.
GERMANY: Adidas fears 09 profit decline despite Q4 surge
4 March 2009
Sportswear giant Adidas Group expects sales and profits to fall during 2009 despite posting a 151% surge in fourth quarter profit to EUR54m (US$67.7m).
US: Phoenix may sell ops as CEO, CFO step down
17 February 2009
Phoenix Footwear Group’s CEO and CFO have resigned as part of a major restructuring of the company, which has signalled that it may sell off or close down some operations.
US: TaylorMade-Adidas Golf cutting Ashworth jobs
19 December 2008
A month after its acquisition of lifestyle golf company Ashworth Inc, TaylorMade-Adidas Golf is downsizing the combined workforce of the two companies.
Top stories on just-style this week...
19 December 2008
Here is a roundup of the top five most-read stories on just-style this week. Click on each headline for the full story.
GERMANY: Adidas Group completes Ashworth acquisition
20 November 2008
The Adidas Group's TaylorMade-Adidas Golf unit has completed its acquisition of golf firm Ashworth.
GERMANY: Adidas Q3 profit edges up but scraps 2009 outlook
6 November 2008
Sportswear giant Adidas Group today (6 November) reported 2% net income growth to EUR302m (US$387.5m) for the third quarter, as Reebok brand sales slumped 10% in Euro terms.
US: TaylorMade-Adidas Golf to buy Ashworth
13 October 2008
TaylorMade-adidas Golf, a subsidiary of sporting goods giant Adidas Group, is to buy golf inspired sportwear maker Ashworth Inc for $28.1m in a deal that makes it one of the world’s leading golf apparel companies.
GERMANY: Adidas lifts FY guidance as Q2 profits rise 12%
5 August 2008
Sporting goods maker Adidas Group today (5 August) lifted its full-year guidance after strong sales at the Euro 2008 football tournament helped it to an 11.7% jump in second quarter profit.
GERMANY: Adidas Q1 profit climbs despite Reebok slump
6 May 2008
Sporting goods giant Adidas has reported a 32% leap in first quarter net income to EUR169m (US$262.2m), reporting revenue growth in all units except Reebok.
GERMANY: Adidas FY profit up 14% despite Reebok sales slide
5 March 2008
Full-year profit at German sporting goods giant Adidas Group increased 14% to EUR551m (US$838.7m), even though like-for-like sales of its Reebok brand fell 5% during the year.
US: TaylorMade-Adidas Golf sells Maxfli trademark
18 February 2008
Adidas Group subsidiary TaylorMade-Adidas Golf has sold its Maxfli and related trademarks to retailer Dick's Sporting Goods.
GERMANY: Adidas income rises 22% in third quarter
8 November 2007
Sporting goods behemoth Adidas Group has posted a 22% increase in net income for the third quarter to EUR298m (US$437m), attributed to higher operating profit and lower net financial expenses, including those linked to the integration of the Reebok brand.
GERMANY: Adidas net income jumps without Reebok integration costs
8 August 2007
Adidas Group has reported a 27% increase in net income for the second quarter, with integration costs for Reebok behind the German company and synergies in place.
GERMANY: Adidas Q1 profit slips 11%, upbeat on Reebok integration
8 May 2007
German athletic apparel and sporting goods maker Adidas AG on Tuesday (8 May) said first quarter profit fell 11% in line with expectations, but is upbeat that the integration of the Reebok brand is finally starting to pay off.
GERMANY: Adidas extends deal with Intersport International
6 February 2007
Sports goods company The Adidas Group has extended its strategic cooperation with sporting goods retailer Intersport International Corporation until 2010.
GERMANY: adidas beats Q2 expectations with World Cup boost
9 August 2006
Sports goods company adidas has risen above expectations with a 24% rise in second-quarter profit, helped by the recent football World Cup.
GERMANY: adidas suggests market victory as Reebok buy boosts sales
10 May 2006
The adidas Group got off to a "powerful start" in 2006, said the company’s chairman and CEO yesterday (9 May), also claiming the company had knocked rival Nike from the top sports market spot.
GERMANY: adidas ups growth outlook on Reebok buy
12 April 2006
German sports goods company adidas made efforts yesterday (11 April) to quell worries it will struggle to take the recently acquired Reebok brand into its fold.
GERMANY: adidas suffers Q4 loss as Reebok orders dive
2 March 2006
Athletic major adidas said it suffered a surprise fourth-quarter loss and admitted a lack of orders at newly-bought Reebok.
Related research
adidas Group (ADS) - Financial and Strategic SWOT Analysis Review
This comprehensive SWOT profile of adidas Group provides you an in-depth strategic SWOT analysis of the company’s businesses and operations. The profile has been compiled by GlobalData to bring to you a clear and an unbiased view of the company’s key strengths and weaknesses and the potential opportunities and threats. The profile helps you formulate strategies that augment your business by enabling you to understand your partners, customers and competitors better.
Company Financials: adidas AG
IntroductionThe Company Financials offers insights into the financial performance of the company over last five years for about 1000 leading global companies. The datapack covers wealth of financial information relating to income statement, balance sheet, and cash flow statements.
adidas AG - SWOT Analysis
Datamonitor's adidas AG - SWOT Analysis company profile is the essential source for top-level company data and information. adidas AG - SWOT Analysis examines the company’s key business structure and operations, history and products, and provides summary analysis of its key revenue lines and strategy.adidas AG (adidas or “the company”) produces sportswear and sports equipment. It offers its products through three brands, including adidas, TaylorMade-adidas Golf, and Reebok. The company operates in Europe, the Americas and Asia. It is headquartered in Herzogenaurach, Germany and employs about 39,596 people. The company recorded revenues of E10,381 million ($15,333.3 million) during the financial year ended December 2009 (FY2009), a decrease of 3.9% compared with 2008. The revenues were negatively impacted by a significant slowdown in consumer spending. The operating profit of the company was E508 million ($750.3 million) in FY2009, a decrease of 52.5% compared with 2008. The net profit was E245 million ($361.9 million) in FY2009, a decrease of 61.8% compared with 2008.
