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The German company adidas ( ADDYY ) has always been one of the giants, but it became especially large between 2016 and 2017 and turned to be the clear number two in shoe sales in North America. The results at the end of 2018 show an increase of 8% in the currency-neutral sales and, according t...
BlackRock ( BLK -1.6% ), which has come under fire for being the biggest investor in fossil fuels, is launching an actively managed fund with the Ellen MacArthur Foundation charity that invests in sustainability-focused business. More news on: BlackRock, Inc., adidas AG, adidas AG, Fin...
Source: jingdaily.com . Overview China has the third-largest consumer market in the world by household final consumption expenditure, after only the US and the EU. The country is evolving incredibly fast and is going through a profound transformation in terms of consumer behavior - e.g....
Written by Steven Chen, MBA Source: valuestockguide.com . Overview Cyclical businesses are tough for both management and investors. After all, even the experts find it difficult to predict the economic cycle accurately on a consistent basis. For long-term buy-and-hold investors ...
Late last year, shortly after the death of the company's founder, I presented Belgian holding company Groupe Bruxelles Lambert SA ( OTCPK:GBLBF ; OTCPK:GBLBY ) in an article here on Seeking Alpha. At that time, I estimated the stock to be 15 - 20 percent undervalued. I even considered an inv...
By Jharonne Martis After years of double-digit revenue growth, Adidas' (ADDYY) (ADDDF) revenue growth has fallen to single-digit growth over the past year. We look at different datasets to get a full picture of the company's prospects. Adidas revenue growth slowed to 6.0% last quarter (E...
The US-China trade war intensified recently. Now, the latest round of tariffs is directly impacting the already challenged retail sector. Further, the DOW is down another 400 points and analysts are predicting bleak outcomes in the coming weeks. US-China Trade War For the past ...
Adidas ( OTCQX:ADDYY , OTCQX:ADDDF ) soared to a new all-time high in Frankfurt trading after the German company posted a 17% increase in Q1 profit on a 4% gain in sales (constant currency). More news on: adidas AG, adidas AG, NIKE, Inc., Consumer stocks news, Global news and forex, Stock...
Introduction In last week's edition of Focus on Europe , we zoomed in on Brussels-listed Bekaert ( BEKAY ) ( BEKSF ) which has to deal with an increasing net debt and deteriorating margins. Despite the headwinds, Bekaert's dividend was only cut marginally and pretty much the entire free...
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...
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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...