Tag: Sporting goods industry
Boom brings Boards & More high growth rates
Munich During the corona pandemic, many people bought a surfboard or a board for stand-up paddling (SUP), which allows you to stand up and paddle across the local lakes. “Our…
CEO Kasper Rorsted admits mistakes in China
Adidas CEO Kasper Rorsted The Adidas boss defends himself against criticism of his management style. (Photo: Reuters) Mr. Rorsted, you have revised the annual forecast downwards, investors are dissatisfied, competitors…
CEO Kasper Rorsted admits mistakes in China
Adidas CEO Kasper Rorsted The Adidas boss defends himself against criticism of his management style. (Photo: Reuters) Mr. Rorsted, you have revised the annual forecast downwards, investors are dissatisfied, competitors…
Adidas reports another sharp slump in China business
Adidas store in China The business of the sporting goods company in China is going badly. (Photo: Reuters) Munich Adidas’ China business collapsed again in the second quarter. Currency-adjusted sales…
LeBron James joins the German bicycle company Canyon
Basketball pro LeBron James The US athlete joins the German bicycle manufacturer Canyon. (Photo: AP) Munich LeBron James is not only the highest paid basketball player in the world. He…
LeBron James joins the German bicycle company Canyon
Basketball pro LeBron James The US athlete joins the German bicycle manufacturer Canyon. (Photo: AP) Munich Basketball icon LeBron James joins the German bicycle manufacturer Canyon. The American is taking…
Puma increases sales forecast for 2022
France headquarters of Puma The sporting goods company has recently been doing better than its larger competitor Adidas. (Photo: imago images/Future Image) Munich Puma boss Björn Gulden sees the many…
After a record quarter, Puma increases its sales forecast for 2022
Munich Puma boss Björn Gulden sees the many global uncertainties and risks as sportive. “The situation is difficult for everyone. We just have to be better than the rest,” said…
After a record quarter, Puma increases its sales forecast for 2022
France headquarters of Puma The sporting goods company has recently been doing better than its larger competitor Adidas. (Photo: imago images/Future Image) Munich The sporting goods group Puma is currently…
Sporting goods manufacturer lowers forecasts for the full year
Adidas headquarters in Herzogenaurach The Dax group is struggling with weak demand in China. (Photo: imago images/Harry Koerber) Munich The sporting goods group Adidas has lowered its forecasts for the…
Despite the Ukraine war, Adidas expects double-digit growth rates
Adidas headquarters in Herzogenaurach The world’s second-largest sporting goods company is currently growing at a slower pace than smaller rival Puma. (Photo: dpa) Munich The world’s second-largest sporting goods group,…
Adidas exchanges its China boss
Adrian Siu The manager knows the Chinese market and is now returning to Adidas in a managerial capacity there. (Photo: Adidas) Munich, Beijing Loud music blasts from the third floor…
This is how sneakers should become sustainable
Herzogenaurach The future of Adidas also lies in the hands of Paul Smith. In the laboratories at the company headquarters in Herzogenaurach, the Canadian developer shreds sneakers, tests the durability…
Schwan-Stabilo joins Doghammer
The heads of the outdoor division From left to right: Sebastian Schwanhäußer (Schwan-Stabilo), Christian Schneidermeier (Ortovox), Maximilian Hundhammer (Doghammer), Martin Riebel (outdoor group Schwan-Stabilo), Matthias Drexlmaier (Doghammer). (Photo: PR) Munich…
Adidas growth slows down significantly
Adidas headquarters in Herzogenaurach The second largest sporting goods company in the world is feeling the global lockdowns and delivery problems. (Photo: imago images / Harry Koerber) Munich Problems in…
Sporting goods company Puma is raising its forecast for 2021 again
Ball from Puma The sporting goods manufacturer is feeling good demand – but is suffering from lockdowns in production and high freight costs. (Photo: imago images / Shutterstock) Munich The…
Puma has potential for 50 billion euros in sales
Munich The sporting goods company Puma wants to double its sales in the long run in competition with its big competitors Nike and Adidas. “In any case, Puma has the…