Adidas not giving up
03.08.2012 4181

Adidas not giving up

German sporting goods manufacturer Adidas raised its forecast for annual earnings after a second-quarter report thanks to sponsorship deals at Euro-2012 and the Summer Olympics in London.

Only Nike in its segment announced that it now expects earnings of 3,68-3,75 euros ($ 4,53- $ 4,61) per share. The previous forecast was at the level of 3,58-3,75 euros, retailer.ru reports.

Nike sales in the second quarter amounted to 3,517 billion euros, operating profit - 256 million euros, being better than experts expected. Analysts polled by Reuters suggested that operating profit would reach 243 million euros and sales would amount to 3,496 billion euros

German sporting goods manufacturer Adidas raised its forecast for annual earnings after a second-quarter report thanks to sponsorship deals at Euro-2012 and the Summer Olympics in London. Yielding ...
5
1
Rating

Latest News

Stuart Weitzman opens Shanghai store at Plaza 66

New York-based premium footwear brand Stuart Weitzman opened a store in a prestigious Shanghai shopping mall and launched a major international campaign in support of its signature model, the 50/50 boot. The store opening featured a new global…
11.09.2026 336

Inventive Retail Group announced the launch of a new loyalty program.

Inventive Retail Group announces the launch of the EGO Privilege Club – a new loyalty program for its customers that unites all restore companies: Samsung Galaxystore, Street Beat, AMAZING RED, Hiker, Mir Kubik, and…
10.09.2026 476

St. Petersburg footwear brand ANKI Team has released sneakers in collaboration with SIBUR.

Local footwear brand ANKI Team released a sneaker collection in collaboration with Kazan-based Russian petrochemical holding company Sibrur. For the footwear brand, the collaboration marks the launch of a series of sneakers dedicated to cities…
09.09.2026 695

The top ten countries by footwear consumption in the world according to APICСAPS

The Portuguese Association of Footwear Components and Leather Goods Manufacturers APICСAPS has compiled a ranking of the leading countries in terms of footwear consumption in 2025…
09.09.2026 637

China has threatened France with retaliatory measures over pressure on Shein and Temu.

China is demanding that France stop implementing a recently passed law targeting ultra-fast fashion companies such as Shein and…
08.09.2026 821
When you sign up, you will receive weekly news and articles about the shoe business on your e-mail.

To the beginning