Adidas Group reported a rise in net profit to Rs 113 cr

0n the back of consistent good performance German sportswear company, Adidas Group which includes both Adidas and Reebok brands has posted an exponential rise in net profit in its India business to Rs 113 crore for the financial year 2016-17 ending March 31, 2017, across its popular categories such as running, training and football. The […]

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September 11, 2017
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Apparel and Textile News Apparel Brands and Companies

Adidas Launches ‘Speed Factory’

Global sporting goods leader, Adidas has launched a new initiative ‘Speed Factory’ to actualise its 2020 business plans based on three keywords or strategic choices: Speed, key cities and open source – and stay ahead in the race. Describing the ‘Speed Factory’ initiative as ‘industry-changing’, the Group claimed it would be a game changer and […]

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July 20, 2016
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Apparel and Textile News Global News

Adidas Greater China Sales Touch €2bn

German sports goods and sportswear marketer Adidas Group said its Greater China subsidiary achieved its target of €2 billion in net sales in 2015, marking the company’s highest ever annual sales in this region. As per an Adidas press release, Greater China is the second-largest market for the Adidas Group globally, while in the first […]

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January 14, 2016
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Apparel and Textile News Apparel Brands and Companies

15 New Fitness Studios By Reebok

Reebok is prepping up to launch 15 new format stores called ‘Fitness Studios’ in the country by the end of 2016 in its endeavour to re-establish itself as an exclusive fitness promoting brand in India. The company, which is going through an image makeover process since 2012, will not only sell sports products but would […]

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February 26, 2015
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Apparel Brands and Companies Retail News

Goculdas New Brand Director of Adidas

Adidas, the German multinational corporation that designs and manufactures clothing and accessories, and sports shoes, has appointed Mr. Tushar Goculdas as brand director-Adidas Emerging Markets. Mr. Goculdas, who is presently brand director Adidas India, will take over the new assignment from March 1, 2015. In his new role, Mr. Goculdas will be responsible for strengthening […]

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November 26, 2014
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