Adidas expects a boost to sales from new soccer merchandise ahead of the 2020 European championships after quarterly growth was held back by a weaker performance from Yeezy shoes designed by Kanye West.
German sportswear company Adidas reported disappointing second-quarter sales on Thursday but expects a recovery in the second half after it stemmed a decline in Europe and saw its long-struggling Reebok brand recover.
There was no party to celebrate the summer solstice at the German sports giant, which has been battered by some strong winds over the last week, as a storm has brewed around the issue of diversity in its American teams.
Beyoncé may have cut her Ivy Park links with Topshop owner Philip Green, but she’s not given up on the brand. Quite the reverse, and on Thursday it emerged that she’s linking up with an even bigger name - Adidas.
Japanese textile company Toki Sen-I Co. is suing Kanye West and his brand for alleged breach of contract, fraud and negligent misrepresentation, claiming that the rapper’s company held out on a payment of over $600,000.
The founder of Antonioli speaks to FashionNetwork.com about the parent company of Off-White and Heron Preston, New Guards Group, revealing the secret to its success and the upcoming launch of a new label.