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Adidas to cut up to 500 jobs

Adidas to cut up to 500 jobs after posting better-than-expected holiday profits

Adidas plans to cut as many as 500 jobs at its corporate headquarters in Germany in a bid to simplify its business—not to cut costs.

Daily Sabah · 1d

Adidas, Puma weigh job cuts as latter disappoints with profit fall

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

Barron's · 1d

Sportswear Giants Adidas And Puma Weighing Job Cuts

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

International Business Times · 23h

Adidas To Cut 500 Corporate Jobs: Company Structure 'Too Complex'

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.

Investing.com on MSN · 1d

Adidas plans to cut up to 500 jobs at German headquarters - report

Adidas (OTC:ADDYY), the world's second-largest sportswear maker, is planning to reduce its workforce at its headquarters in Herzogenaurach, Germany, by up to 500 positions, Reuters reported, citing a source familiar with the matter.

Puma, operating profit

The Wall Street Journal on MSN · 2d

Adidas Exceeds Profit Guidance After Sales Jump in Fourth Quarter

The German sporting-goods company said its operating profit climbed to €1.34 billion last year from €268 million in 2023.

Reuters on MSN · 1d

Puma shares drop 15% after fourth-quarter sales and profit miss

(Reuters) -Shares in Puma dropped 15% as the market opened on Thursday after the German sportswear brand reported lower than expected fourth-quarter sales and a decline in annual profit. The weak results late on Wednesday came after rival Adidas reported strong sales and profitability,

Cyprus Mail on MSN · 1d

Puma shares fall 16 per cent after quarterly sales and profit miss

Puma (PUMG.DE) shares fell by 16 per cent as the market opened on Thursday after the German sportswear brand reported lower than expected fourth-quarter sales and a decline in annual profit.The weak results late on Wednesday came after rival Adidas reported strong sales and profitability,

Footwear News on MSN2d

Adidas Sees Strong Finish to 2024 With Revenue and Profit Surge

According to the German athletic company’s preliminary results for Q4 2024, Adidas saw revenues grow 24 percent in the period ...

2don MSN

Adidas has ‘brand heat,’ analysts say. It’s a hot stock, too.

Adidas stock rallied on Wednesday as the apparel maker said its fourth-quarter results would come in ahead of estimates.

Adidas 2024 Profits Jump, Recovering From Kanye Crisis

Adidas on Tuesday said that its operating profit jumped five-fold last year, as the German sportswear giant moves past a crisis triggered by its split from musician and entrepreneur Kanye West.

Adidas AG: Strong Financial Performance and Strategic Initiatives Drive Positive Outlook and Buy Rating

In a report released yesterday, Alison Fok from DBS upgraded adidas AG (0OLD – Research Report) to a Buy, with a price target of €285.00.Invest ...

Puma Plunges After Profit Warning Highlights Adidas’s Lead

Puma SE shares plunged after the German sportswear company reported disappointing earnings and pushed back profitability ...

Adidas to axe up to 500 jobs at headquarters, source says

Adidas CEO Bjoern Gulden plans to cut up to 500 jobs at the German sport retailer's headquarters in Herzogenaurach, a source ...

Adidas Sees Solid Gains In Q4, Looks To Expand Market Share

German sportswear brand adidas AG posted strong growth in Q4, with revenue up 19% in currency-neutral terms and 24% in euros, ...

Adidas profit surges five-fold as it moves past Kanye West split

Adidas’ operating profit jumped five-fold last year as the German sportswear company continues to move past the turmoil from ...

Hosted on MSN1d

Adidas Reports Q4 Profit, Stock Soars 6% Amid Retro Sneaker Boom

Adidas AG reported an operating profit in the fourth quarter, rebounding from a loss the prior year, and exceeded its ...

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