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Taylor Made Golf Company

Adidas narrows focus following golf brands sale

4 October 2017 | Hannah Abdulla

German sportswear brand Adidas is to focus on its core apparel and footwear products following the divestiture of the TaylorMade, Adams Golf and Ashworth golf hardware brands.... read more

Adidas sells golf business in US$425m deal

11 May 2017 | Michelle Russell

German sportswear group Adidas has entered into a deal to sell its TaylorMade, Adams Golf, and Ashworth golf brands in a deal valued at US$425m.... read more

Adidas looks to sell golf division amid strong Q1

4 May 2016 | Michelle Russell

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.... read more

Adidas ups guidance but cuts 14% of golf unit jobs

5 November 2015 | Michelle Russell

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. ... read more

Adidas Q3 profit slides on continuing Russia weakness

6 November 2014 | Michelle Russell

German sporting giant Adidas has reported a drop in third-quarter profits and gross margin due to continuing weakness in emerging markets, but reaffirmed its guidance for the full year.... read more

Adidas taps Nike designers for new US creative studio

25 September 2014 | Leonie Barrie

Sportswear firm Adidas is planning to open a new creative studio in New York City next year and has hired three "world class" designers from Nike to drive the brand's direction.... read more

GERMANY: Adidas defends position despite investor unrest

16 September 2014 | Michelle Russell

Adidas has moved to defend its position over reports the sporting goods giant has received pressure from investors to accelerate a turnaround and consider replacing its chief executive.... read more

GERMANY: Adidas shares fall on lower gross margin target

7 August 2014 | Michelle Russell

Adidas's share price fell this morning (7 August) as it cut its full-year gross margin target just a week after lowering its earnings forecast.... read more

GERMANY: Adidas shares plunge as FY outlook cut

31 July 2014 | Michelle Russell

Adidas shares plunged this morning (31 July) after the German sporting giant cut its earnings forecast and announced plans to close stores in Russia and restructure its TaylorMade golf unit.... read more

US: Zwiers to lead global growth at Wolverine Worldwide

16 June 2014 | Katie Smith

As part of ongoing efforts to accelerate global growth, US clothing and footwear business Wolverine Worldwide has promoted company veteran James Zwiers to president of its International Group.... read more

GERMANY: Adidas profit dips 34% in “challenging” Q1

6 May 2014 | Richard Woodard

Sporting goods giant Adidas Group recorded a 34% slump in first quarter net profit, impacted by adverse currency effects and a poor performance from TaylorMade-Adidas Golf.... read more

GERMANY: Adidas promotes King to head up North America unit

17 April 2014 | Michelle Russell

German sportswear giant Adidas has promoted Mark King to the role of president of the group's North America division.... read more

GERMANY: Currency headwinds impact Adidas Q3 profit

7 November 2013 | Richard Woodard

Sporting goods giant Adidas saw profits and revenues both fall in the third quarter, impacted by unfavourable exchange rates.... read more

GERMANY: Adidas cuts FY forecasts on Russia and golf issues

20 September 2013 | Petah Marian

Adidas, the world's second-largest sportswear maker, has lowered its full-year profit expectations on distribution issues in Russia combined with a weak golf market.... read more

GERMANY: Puma taps Adidas sourcing boss Koehler as COO

31 May 2013 | Leonie Barrie

Sportswear maker Puma has tapped Adidas's head of global sourcing Andy Koehler as its new chief operating officer (COO).... read more

GERMANY: Adidas shares rise on Q1 profit growth

3 May 2013 | Katie Smith

Sportswear giant Adidas has seen its share price rise after reporting a 6.6% increase in first-quarter net profit, after a more favourable price, product and sales mix boosted margins to a record high.... read more

GERMANY: Adidas Q3 profit surge despite Reebok slump

8 November 2012 | Richard Woodard

Sporting goods powerhouse Adidas has posted double-digit increases in profit and revenues in the third quarter, despite continuing worries about its under-performing Reebok brand.... read more

GERMANY: Adidas cuts Reebok revenue targets by one-third

21 September 2012 | Richard Woodard

Adidas has made dramatic cuts to the long-term revenue targets for its Reebok brand, which has been impacted by lost business in the US and fraud allegations in India.... read more

GERMANY: Adidas raises FY view despite India investigation

30 April 2012 | Petah Marian

Adidas has raised its full-year profit forecast after a strong first quarter, despite warning of costs relating to irregularities in its Indian operations. ... read more

GERMANY: Adidas bullish after Q3 profit rises 14%

3 November 2011 | Richard Woodard

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.... read more

GERMANY: Adidas targets record year after H1 profit surge

4 August 2011 | Richard Woodard

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.... read more

GERMANY: Adidas lifts outlook as Q1 profit jumps 25%

5 May 2011 | just-style.com

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.... read more

GERMANY: Adidas promotes Ohlmeyer as e-commerce chief

9 February 2011 | just-style.com

German sporting goods firm Adidas Group has promoted Harm Ohlmeyer, currently its COO for e-commerce, as chief e-commerce officer beginning 1 April.... read more

Speaking with style: Adidas Group CEO Herbert Hainer

1 July 2010 | Joe Ayling

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.... read more

10 quotes by Adidas CEO Herbert Hainer

1 July 2010 | Joe Ayling

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.... read more

GERMANY: Adidas reports golf leadership

29 June 2010 | just-style.com

German sporting goods firm Adidas Group says it has gained a shared lead in the global golf apparel market with Ashworth. ... read more

CHINA: Shop owner jailed after counterfeit golf raid

22 January 2010 | just-style.com

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.... read more

GERMANY: Adidas scents upturn as Q3 profit slumps

4 November 2009 | just-style.com

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.... read more

GERMANY: Adidas eyes improvement as Q2 profit crashes 93%

5 August 2009 | just-style.com

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.... read more

GERMANY: Adidas restructures as Q1 profit plummets 97%

5 May 2009 | just-style.com

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.... read more

GERMANY: Adidas fears 09 profit decline despite Q4 surge

4 March 2009 | just-style.com

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).... read more

US: Phoenix may sell ops as CEO, CFO step down

17 February 2009 | just-style.com

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.... read more

Top stories on just-style this week...

19 December 2008 | just-style.com

Here is a roundup of the top five most-read stories on just-style this week. Click on each headline for the full story.... read more

US: TaylorMade-Adidas Golf cutting Ashworth jobs

19 December 2008 | just-style.com

A month after its acquisition of lifestyle golf company Ashworth Inc, TaylorMade-Adidas Golf is downsizing the combined workforce of the two companies.... read more

GERMANY: Adidas Group completes Ashworth acquisition

20 November 2008 | just-style.com

The Adidas Group's TaylorMade-Adidas Golf unit has completed its acquisition of golf firm Ashworth.... read more