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Retail

Shop Rents Tumble on Hong Kong Street That Was World’s Priciest

A store rented by Jaeger-LeCoultre in Hong Kong’s Russell Street, once the world’s most expensive strip for retail rents, will be leased to a new tenant for more than 40 percent less as the effects of China’s economic slowdown continue to be felt in the city.

Retail

Shop Rents Tumble on Hong Kong Street That Was World’s Priciest

A store rented by Jaeger-LeCoultre in Hong Kong’s Russell Street, once the world’s most expensive strip for retail rents, will be leased to a new tenant for more than 40 percent less as the effects of China’s economic slowdown continue to be felt in the city.


News & Analysis

Adidas Investors Push for External Chief to Replace Hainer

As Adidas AG’s search for a new leader enters its eighth month, some investors say that only an outsider can provide the shakeup the sportswear maker needs to close its longstanding gap with Nike Inc.

News & Analysis

Adidas Investors Push for External Chief to Replace Hainer

As Adidas AG’s search for a new leader enters its eighth month, some investors say that only an outsider can provide the shakeup the sportswear maker needs to close its longstanding gap with Nike Inc.


Marketing

Reebok Heads Back to the Gym with New Marketing Blitz

Adidas is underlining its commitment to struggling brand Reebok by stepping up a major marketing campaign that returns it to its roots in the personal fitness business.

Marketing

Reebok Heads Back to the Gym with New Marketing Blitz

Adidas is underlining its commitment to struggling brand Reebok by stepping up a major marketing campaign that returns it to its roots in the personal fitness business.


Global Markets

Adidas CEO Sees No Crisis in China

German sporting goods company Adidas is not experiencing any slowdown in China, said chief executive Herbert Hainer upon his return from a trip to the Asian country.

Global Markets

Adidas CEO Sees No Crisis in China

German sporting goods company Adidas is not experiencing any slowdown in China, said chief executive Herbert Hainer upon his return from a trip to the Asian country.


News & Analysis

Adidas Golf Unit Stuck in Bunker as Hainer Decides What to Sell

Adidas will seek buyers for some or all of the company’s TaylorMade business. But it must determine what the money-losing asset is worth and who’d want it at a time when golf’s popularity has ebbed.

News & Analysis

Adidas Golf Unit Stuck in Bunker as Hainer Decides What to Sell

Adidas will seek buyers for some or all of the company’s TaylorMade business. But it must determine what the money-losing asset is worth and who’d want it at a time when golf’s popularity has ebbed.


Financial Markets

Adidas Profit Misses Estimates as Demand Lags Last Year’s Cup

Adidas AG reported profit that missed analysts’ estimates as the maker of Lionel Messi soccer cleats couldn’t match demand spurred by last summer’s World Cup.

Financial Markets

Adidas Profit Misses Estimates as Demand Lags Last Year’s Cup

Adidas AG reported profit that missed analysts’ estimates as the maker of Lionel Messi soccer cleats couldn’t match demand spurred by last summer’s World Cup.


News & Analysis

Adidas Looks to Football and Running Shoes for Growth

Adidas plans to double sales of running shoes and increase its Originals streetwear revenue by 50 percent through 2020, the company said at an investor presentation.

News & Analysis

Adidas Looks to Football and Running Shoes for Growth

Adidas plans to double sales of running shoes and increase its Originals streetwear revenue by 50 percent through 2020, the company said at an investor presentation.


China

Alibaba's Latest Gambit in Fighting Fakes: Foster Local Brands

Criticized and even sued by luxury brand Gucci and others for facilitating the counterfeit goods trade, Chinese e-commerce giant Alibaba Group Holding Ltd has been quietly piloting a scheme to try to curb fakes at source.

China

Alibaba's Latest Gambit in Fighting Fakes: Foster Local Brands

Criticized and even sued by luxury brand Gucci and others for facilitating the counterfeit goods trade, Chinese e-commerce giant Alibaba Group Holding Ltd has been quietly piloting a scheme to try to curb fakes at source.


News & Analysis

Adidas Emulates 'Fast Fashion' Model to Get Back on Trend

Battling new competition from fashion chains as well as traditional sportswear rivals, Adidas is eyeing the "fast fashion" model as a way of pepping up its three-striped ranges of tops, leggings and sneakers.

News & Analysis

Adidas Emulates 'Fast Fashion' Model to Get Back on Trend

Battling new competition from fashion chains as well as traditional sportswear rivals, Adidas is eyeing the "fast fashion" model as a way of pepping up its three-striped ranges of tops, leggings and sneakers.


News & Analysis

Adidas CEO Says Perella Will Help Establish Investor Intentions

Adidas' chief executive officer Herbert Hainer said the hiring of advisory firm Perella Weinberg Partners is aimed at establishing investors’ intentions amid interest from activist funds.

News & Analysis

Adidas CEO Says Perella Will Help Establish Investor Intentions

Adidas' chief executive officer Herbert Hainer said the hiring of advisory firm Perella Weinberg Partners is aimed at establishing investors’ intentions amid interest from activist funds.