The layoffs will affect employees at Adidas’ headquarters in Herzogenaurach, Germany, and represent nearly 9% of the 5,800 ...

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

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

"There is a lot of macroeconomic uncertainty right now, but we clearly have the goal to again grow double-digit with the ...

Adidas and Puma, two of Germany’s leading sportswear companies, are reportedly planning significant layoffs as they navigate ...

FRANKFURT, Germany — Adidas on Tuesday said that its operating profit jumped fivefold last year, as the German sportswear giant moves past a crisis triggered by its split from musician and ...

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

Employees learned about the cuts on Wednesday, just one day after Adidas announced what it called better-than-expected preliminary profit results for its holiday quarter and 19% sales growth.

Employees learned about the cuts on Wednesday – just one day after Adidas announced what it called better than expected preliminary profit results for its holiday quarter and 19% sales growth.