Adidas plans to cut as many as 500 jobs in a bid to simplify its business, a person familiar with the matter confirmed to CNBC on Thursday. The layoffs will affect employees at Adidas ...

SINCE ITS FOUNDATION, Adidas has always been recognised as one the best producers of running shoes on the planet. Excluding perhaps only Nike, there may not be a more respected running brand – and ...

As the first Bugatti-branded development in the world, this project redefines luxury with bespoke design and unparalleled opulence. The acquisition was confirmed during a signing ceremony at the ...

We think Adidas is a leader in athletic and athleisure apparel with a narrow moat based on an intangible brand asset. While it has been beset with problems over the past few years, we think it is ...

Strong festive demand and the booming popularity of classic trainers propelled Adidas to better than expected profits in the final quarter of 2024, sending shares up 7 per cent on Wednesday.

Abu Dhabi, UAE: Dubai continues to cement its status as a global hub for luxury real estate, attracting world-renowned opera singer Andrea Bocelli, who has purchased an exclusive residence within the ...

Envisioned by landmark engineer and Volkswagen Group automotive executive Ferdinand Piëch at the dawn of the new millennium, the development of the Bugatti Veyron was one of the greatest technological ...

Adidas was happy to call in a favour when it came to signing Lamine Yamal. The sportswear giant rented out a huge office space in Barcelona and several of its top executives flew in to meet the ...