The chief executive officer Bjoern Gulden of Adidas AG will cut 500 roles based at its headquarters in Herzogenaurach as the company outperformed projected sales for the retro sneakers.

German sportswear giants Adidas and Puma have both announced they are seeking to reduce costs, including through possible job ...

German sportswear giants Adidas and Puma have both said they are seeking to reduce costs, including through possible job cuts, as they aim to ...

Not even two years after Kanye West’s net worth nosedived to $500 million, he has waltzed back into the billionaire’s club ...

from €500 million. But Adidas shouldn’t become too reliant on the low-rise sneakers with rubber soles — certainly not as it was with Kanye West’s Yeezy line. A profit warning last week ...

Adidas is planning a restructuring of its headquarters in Herzogenaurach, Germany, putting hundreds of jobs at risk.

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If you’re wondering why buying the latest pair of racing shoes can feel like trying to score Taylor Swift tickets, you’re not ...