German clothing and sports equipment manufacturer Adidas is finalizing the details of a € 3 billion credit line in which a majority of KfW, the German ICO, will participate, the company said in a statement.
Specifically, the German public bank has promised to contribute 2.4 billion of the credit…
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Adidas suspends its production with SpeedFactorys
The German sports equipment manufacturer Adidas announced today the suspension of production in its latest technology factories known as Speed-Factorys, located in Ansbach (Germany) and Atlanta (United States).
The announcement confirms…
Adidas turns 70 years of being founded
The German sports equipment manufacturer Adidas, from the Bavarian city of Herzogenaurach, celebrates its 70th anniversary this August and inaugurates its spectacular headquarters, the so-called "arena", which received an investment valued…
Adidas loses part of the rights of its brand
The German manufacturer of sporting goods Adidas lost a part of its trademark rights of the three strips, according to a ruling pronounced by the General Court of the European Union (EU).
The decision on Wednesday is limited to a special…
Adidas and Nike asked Trump not to apply tariffs to China
A list of 170 companies, led by the multinationals Adidas and Nike, asked the president of the United States not to apply tariffs to China.
"The proposed additional 25% footwear tariffs would be catastrophic for our consumers, our…