Adidas Group

Apparel and textile industry company news

Subscribe via RSSWhat is RSS?

Latest Articles

Allbirds & Adidas running shoe slashes carbon footprint Beth Wright | 13 May 21

Sustainable footwear and apparel company Allbirds and German sportswear giant Adidas have revealed the prototype of the first product from their collaboration – which they claim has been created with 63% less emissions than a comparable running shoe.


Sportswear specialism and DTC drive Adidas resilience GlobalData Retail | 7 May 21

Adidas's sportswear specialism has driven an impressive rebound from the impacts of Covid-19, as consumers' heightened interest in fitness and desire for comfortable apparel caused its revenue to increase by EUR887m to EUR5.27bn during Q1 FY2021.


Adidas harnesses data for 3D printed midsole Beth Wright | 6 May 21

German sportswear giant Adidas has unveiled a data-driven 3D printed performance running midsole designed to compress forward upon vertical impact, providing runners with an all-new experience.


Adidas unveils first mushroom-leather shoe Beth Wright | 16 Apr 21

German sporting goods giant Adidas has created the first Stan Smith shoe made with Mylo, a new mushroom-based material that looks and feels like leather.


Connected product platform reimagines supply chains Beth Wright | 18 Mar 21

Avery Dennison Corporation has developed an end-to-end platform capable of creating, assigning, and managing unique digital identities for every physical item in the world to help brands connect with consumers and achieve their sustainability goals.


Adidas to pump EUR1bn into digital under new growth strategy Beth Wright | 10 Mar 21

Adidas has set out a new growth strategy designed to significantly increase sales and profitability as well as gain market share by 2025, with an investment of more than EUR1bn (US$1.19bn) to digitise core processes across the entire value chain from creation through sourcing to selling to consumers.


Adidas starts divestiture process for Reebok Beth Wright | 16 Feb 21

German sporting goods giant Adidas has decided to begin a formal process aimed at divesting Reebok after concluding its assessment of strategic alternatives for the brand.


Burberry, Asics among companies recognised in S&P Yearbook Michelle Russell | 15 Feb 21

British luxury clothing brand Burberry, Italian skiwear maker Moncler, and Japanese footwear brand Asics have been identified as global leaders for engaging with their suppliers on climate change.


60% of Adidas products to be made with green materials in 2021 Beth Wright | 4 Jan 21

German sportswear giant Adidas says more than 60% of all its products will be made with sustainable materials in 2021 in a move that takes it closer to its objective of ending plastic waste.


EU backs New Cotton Project in fight against textile waste Beth Wright | 24 Nov 20

The European Union is pumping EUR6.75m (US$8.01m) into a new project that aims to offer a valuable solution for textile waste and an alternative to the fashion and textile sectors' reliance on virgin materials like cotton.


Adidas cautious on outlook despite Q3 improvement Michelle Russell | 10 Nov 20

Adidas says it saw a strong sequential sales improvement in the third quarter thanks to a recovery in its business but has offered a cautious outlook for the remainder of the year as lockdowns continue in many of its major markets.


Adidas poised to sell Reebok? Beth Wright | 22 Oct 20

German sporting goods giant Adidas is said to be mulling a sale of its Reebok business, which it acquired in 2006 for US$3.8bn.


Adidas enlists consumer help to close the loop Beth Wright | 21 Oct 20

German sportswear giant Adidas is turning to consumers to help better understand how it can close the loop as part of its ‘Made to be Remade’ project.


Adidas places inaugural sustainability bond Michelle Russell | 30 Sep 20

German sportswear giant Adidas has placed its first ‘green bond’ as part of plans by the company to execute on its long-term sustainability roadmap, while also optimising its capital structure and financing costs.


Adidas moves to Q2 loss as sales slide by more than a third Beth Wright | 6 Aug 20

German sportswear group Adidas has reported a loss for the second quarter as net sales tumbled by more than a third amid temporary store closures related to the Covid-19 pandemic.


Adidas extends Rorsted tenure for five years Michelle Russell | 5 Aug 20

German sportswear group Adidas has extended the appointment of CEO Kasper Rorsted by another five years.


Fashion industry efforts to address global PPE shortages – Update just-style | 27 Jul 20

Texollini, Chargeurs*PCC Fashion Technologies, and Crystal International are among the latest fashion firms to mobilise their production facilities and supply chains to help address the global shortage of personal protective equipment (PPE), including face masks and hospital gowns, amid the coronavirus (Covid-19) pandemic. 


Brands re-evaluating Cambodia sourcing strategy Hannah Abdulla | 24 Jun 20

European garment brands including H&M are weighing up what their future sourcing strategies in Cambodia will look like as the country looks set to be partially stripped of its Everything but Arms (EBA) trade benefit in August.


Retailers begin to outline store reopening plans – Update just-style | 16 Jun 20

Debenhams, Brooks Brothers, and J.Crew Group are among the latest apparel brands and retailers to outline reopening plans after stores and online operations were closed temporarily worldwide as part of efforts to help limit the spread of the coronavirus (Covid-19) outbreak.


Adidas returns to sales growth in Greater China Beth Wright | 4 Jun 20

German sportswear giant Adidas says revenue has returned to growth earlier than expected in Greater China after stores were temporarily closed in an attempt to stem the spread of coronavirus and now expects second-quarter sales in the region to be around the prior-year level. 


US retail stores close amid civil unrest across the country Michelle Russell | 3 Jun 20

Adidas and Target Corp are among a number of retailers in the US to have closed stores or postponed openings in response to the civil unrest taking place across the country over the killing of George Floyd by a white police officer.


Adidas and Allbirds aim for lowest carbon footprint sports shoe Beth Wright | 29 May 20

Sustainable footwear brand Allbirds has joined forces with German sportswear giant Adidas to develop a sports performance shoe with what they say will be the lowest ever carbon footprint.


Adidas prioritises supply chain as it manages inventory Michelle Russell | 30 Apr 20

German sportswear giant Adidas says one of its top priorities during the coronavirus pandemic is ensuring its supply chain remains operational, as it looks to manage relations and end the year with "healthy and reasonable inventory."


Adidas in 97% profit slide as store closures weigh on Q1 Hannah Abdulla | 27 Apr 20

Adidas has booked a 97% slide in profits as the impact of coronavirus weighed heavily on its first-quarter results.


Global retail closures as coronavirus spreads – Update just-style | 15 Apr 20

A raft of apparel and footwear brands and retailers including Next Plc, Primark, H&M, Nike and Gap Inc, are temporarily closing stores and suspending online operations as part of efforts to help limit the spread of the coronavirus (Covid-19) outbreak. 


Adidas develops responsive apparel for athletes Michelle Russell | 23 Mar 20

German sportswear firm Adidas has developed what it claims is the most advanced system of responsive apparel shielding athletes from the elements.


Adidas warns of $1bn coronavirus sales hit in China Michelle Russell | 11 Mar 20

German sportswear giant Adidas is expecting sales to drop by up to EUR1bn (US$1.13bn) in Greater China in the first quarter, due to coronavirus, with a negative impact also now being felt in Japan and South Korea.


Adidas China sales tumble 85% due to coronavirus Beth Wright | 20 Feb 20

Sportswear firm Adidas says its sales in Greater China have slumped 85% since Chinese New Year amid the coronavirus outbreak, with a significant number of stores closed and a reduction in footfall at its locations that do remain open.


Adidas tops sustainable cotton sourcing ranking Michelle Russell | 19 Feb 20

German sportswear giant Adidas has topped the 2020 Sustainable Cotton Ranking, with H&M taking the third spot in the assessment of companies that use a significant amount of cotton.


Adidas to launch apparel with ocean plastic insulation Hannah Abdulla | 20 Dec 19

Sportswear brand Adidas is set to launch the first apparel styles featuring PrimaLoft insulation made from Parley Ocean Plastic.

1

3

...

11

just-style homepage



Forgot your password?