Herbert Hainer

Adidas Launches Search for New CEO
The board of German sportswear company Adidas has launched a formal search for a successor to long-serving Chief Executive Herbert Hainer, who has faced calls from some investors to step down after his contract was extended to 2017.

Adidas Launches Search for New CEO
The board of German sportswear company Adidas has launched a formal search for a successor to long-serving Chief Executive Herbert Hainer, who has faced calls from some investors to step down after his contract was extended to 2017.

Adidas CEO Admits Mistakes and Vows to Stay On
The long-serving chief executive of Adidas has no intention of stepping down despite criticism as the German sportswear company loses ground to U.S. rival Nike, he told a German newspaper.

Adidas CEO Admits Mistakes and Vows to Stay On
The long-serving chief executive of Adidas has no intention of stepping down despite criticism as the German sportswear company loses ground to U.S. rival Nike, he told a German newspaper.

Adidas Sells Rockport for $280 Million to Focus on Athletics
Adidas AG said it will sell the Rockport shoe business to a new company formed jointly by competitor New Balance Athletic Shoe Inc. as it takes the first steps toward a revival.

Adidas Sells Rockport for $280 Million to Focus on Athletics
Adidas AG said it will sell the Rockport shoe business to a new company formed jointly by competitor New Balance Athletic Shoe Inc. as it takes the first steps toward a revival.

Rising Stars Make Adidas More American, Less Soccer-Mad
A new generation of more international Adidas executives is trying to loosen a hierarchical structure that has held back creativity at the venerable German sports brand as it tries to retaliate against Nike.

Rising Stars Make Adidas More American, Less Soccer-Mad
A new generation of more international Adidas executives is trying to loosen a hierarchical structure that has held back creativity at the venerable German sports brand as it tries to retaliate against Nike.

Adidas Beats Analysts' Forecasts, Boosted by Running Sales
Adidas AG reported third-quarter profit that beat analysts’ reduced estimates as the company made strides in soccer and running sales, helping offset declining revenue at its golf business.

Adidas Beats Analysts' Forecasts, Boosted by Running Sales
Adidas AG reported third-quarter profit that beat analysts’ reduced estimates as the company made strides in soccer and running sales, helping offset declining revenue at its golf business.

Adidas Beefs Up Management as It Seeks to Revive Fortunes
BERLIN, Germany — German sportswear firm Adidas has appointed two new senior managers as part of an ongoing overhaul of its top leadership aimed at

Adidas Beefs Up Management as It Seeks to Revive Fortunes
BERLIN, Germany — German sportswear firm Adidas has appointed two new senior managers as part of an ongoing overhaul of its top leadership aimed at

Adidas Placates Shareholders With $1.9 Billion Buyback
BAVARIA, Germany — Adidas AG placated investors who have sent its shares down 35 percent this year, saying it plans to buy back as much as 1.5

Adidas Placates Shareholders With $1.9 Billion Buyback
BAVARIA, Germany — Adidas AG placated investors who have sent its shares down 35 percent this year, saying it plans to buy back as much as 1.5

Adidas Looks To Boost US Growth Amid Poor Sales
Beset by plummeting golf sales, a sidelined basketball star and weakness at its sneaker maker Reebok, Adidas AG is struggling to increase revenue in the U.S. amid the dominance of Nike Inc. and growth of upstart rival Under Armour Inc.

Adidas Looks To Boost US Growth Amid Poor Sales
Beset by plummeting golf sales, a sidelined basketball star and weakness at its sneaker maker Reebok, Adidas AG is struggling to increase revenue in the U.S. amid the dominance of Nike Inc. and growth of upstart rival Under Armour Inc.

Adidas Shares Jump Amid Rumours of Interest from Hedge Funds
FRANKFURT, Germany — Adidas AG rose the most in more than 10 months in Frankfurt trading on a report that hedge funds including Third Point LLC may

Adidas Shares Jump Amid Rumours of Interest from Hedge Funds
FRANKFURT, Germany — Adidas AG rose the most in more than 10 months in Frankfurt trading on a report that hedge funds including Third Point LLC may

Adidas' Ongoing Uphill Battle Against Nike's Cool Factor
Sportswear firm Adidas probably thought it had hit the marketing jackpot when Adidas-sponsored Germany beat Adidas-sponsored Argentina to win the Adidas-sponsored World Cup. But arch rival Nike may have stolen much of its soccer branding thunder.

Adidas' Ongoing Uphill Battle Against Nike's Cool Factor
Sportswear firm Adidas probably thought it had hit the marketing jackpot when Adidas-sponsored Germany beat Adidas-sponsored Argentina to win the Adidas-sponsored World Cup. But arch rival Nike may have stolen much of its soccer branding thunder.