Posts tagged as taylormade

  • Thursday, August 8th 2013

    Lower sales but higher profits for Adidas

    by Markus Huber

    In the first six months of this financial year, the Adidas Group saw its overall sales dip by 3 percent to €7,134 million. On a currency-neutral basis, sales remained on a level with the same period last year. The group’s wholesale activities were down by 5 percent (2 percent currency-neutral) to €4,495 million, while retail […]

  • Thursday, March 7th 2013

    Expanding Adidas Group hit by hefty impairment charge

    by ISPO NEWSBLOG

    The Adidas Group has been hit by a goodwill impairment charge of €265 million, mostly due to reduced growth prospects for the Reebok brand in North America and Latin America. The company therefore suffered a net loss of €272 million for the fourth quarter of last year. However, the group’s underlying performance improved: Its turnover […]

  • Monday, September 24th 2012

    Targets slashed for Reebok, raised for Adidas

    by ISPO NEWSBLOG

    The Adidas group has slashed its medium-term sales target for the Reebok brand: while it wanted to achieve sales of €3 billion by 2015, the target was reduced to €2 billion, it was announced at the group’s investor day in Carlsbad at the end of last week. This is partly due to the Reebok brand’s […]

  • Monday, March 19th 2012

    Adidas buys Adams Golf

    by ISPO NEWSBLOG

    The Adidas Group is reinforcing its position as the world’s number one player in golf by acquiring Adams Golf for $70 million, a price that represents a premium of about 71 percent on the share price prior to an announcement, made by that American company last Jan. 4, that it was examining strategic alternatives. Adams […]

  • Wednesday, February 29th 2012

    Major golf alliance against counterfeits in the U.S.

    by Markus Huber

    Six golf vendors have taken joint legal action against websites in the U.S. that mainly target the state of Florida. The brands or companies that appear as plaintiffs are Ping, TaylorMade, Acushnet, SRI Sports, Cleveland and Callaway in this U.S. federal lawsuit against web-based retailers such as wholesalegolfplace.com, golfbestwholesale.com and others. The plaintiffs call their […]