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But Adidas shares were down 4.1% by 0950 GMT as analysts noted that its growth was lagging rivals Nike and Puma, which both reported that sales nearly doubled in recent earnings releases. Adidas ...
In 2021, Adidas — along with H&M, Nike and other big Western apparel brands — faced a boycott in China because of the stand they had taken against the alleged use of forced labor to produce ...
Athletic apparel company Adidas has launched an investigation into allegations of “compliance violations” in China after receiving an anonymous letter earlier this month accusing local ...
In the sports leisure category, Adidas was the top brand in China, followed by Warrior, a domestic brand. Nike nabbed the third sport and was followed by two more domestic brands, Anta and Fila ...
Yue Yuen Industrial (Holdings) Limited is a Taiwanese footwear manufacturer headquartered in Hong Kong and established by its Taiwanese [1] parent company, Pou Chen Group. It is the largest branded athletic and casual footwear manufacturer in the world.
Two employees have left Adidas as a result of an ongoing investigation launched by the German sportswear brand into allegations of corruption in China.
Headquarter of Pou Chen Corporation in Taichung City, Taiwan. Pou Chen Corporation (Chinese: 寶成工業股份有限公司) (Taiwan Stock Exchange Stock Code: 9904), or Pou Chen, is a leading footwear manufacturer in Taiwan, and the largest branded athletic and casual footwear manufacturer in the world.
Adidas has about 12,000 outlets in China, including franchise stores. Adidas saw sales growth slow to 11% in China in the July-September period from 14% in the second quarter.