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Despite being one of the top handful of companies that dominate the sports apparel world, adidas ( ADDYY ) (ADDDF) is drastically under-followed compared to its arch rival, US-based Nike, Inc. ( NKE ). The European based apparel giant (which also owns Reebok) manages to hold its own, and is co...
Adidas ( OTCQX:ADDYY , OTCQX:ADDDF ) announces an "iconic" partnership with Beyoncé to develop new signature footwear and apparel, as well as help to relaunch the Ivy Park brand. More news on: adidas AG, adidas AG, Consumer stocks news, Global news and forex Read more ...
Wells Fargo lifts Adidas ( OTCQX:ADDYY , OTCQX:ADDDF ) to an Outperform rating from Market Perform and assigns a price target of €240. More news on: adidas AG ADR, adidas AG, Consumer stocks news, Global news and forex, Stocks on the move Read more ...
Under Armour ( UAA ) posted its FQ42018 earnings last Tuesday. The results were quite strong, with beating both on top and bottom lines: The company posted EPS of USD 0.09 vs. consensus estimates of USD 0.04, while the actual revenue amounted at USD 1,390m vs. analysts' expectations for USD 1,...
Morgan Stanley lowers Adidas ( OTCQX:ADDYY , [[ADDDF) to an Underweight rating from Equal-weight on concerns over growing competition after the brand's strong multi-year run. More news on: adidas AG ADR, adidas AG, Consumer stocks news, Global news and forex, Stocks on the move, Read m...
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Famed jeweler and luxury retail brand %Tiffany & Co. is selling non-fungible tokens ( %NFTs ) for 30 %Ethereum ($ETH) each, which is equivalent to about $50,000 U.S. apiece. Tiffany is launching its own NFT collection, called %NFTiff . The collection features 250 NFT...
Adidas (OTCMKTS: ADDDF) revealed Thursday that it had reached an agreement to sell its Reebok brand to Authentic Brands Group for a sum of USD2.5 Billion, in a majority cash deal. “Reebok has been a valued part of Adidas, and we are grateful ...
Adidas (OTCMKTS: ADDDF) CEO Kasper Rorsted reiterated the company’s pledge on Wednesday to prioritize sustainability as a key factor in its business model. According to Rorsted, social media has continued greatly as consumers are easily able to keep companies and CEOs accou...