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World’s second-largest sportswear brand poaches rival boss from Puma
Gulden announced surprise departure from Puma on Friday
Only the boldest buyout fund would back a bid at present
F1 game-changer, the billionaire who’s avoiding football, women’s sport steals the show, and more.
Big companies are damaged when their famous partner implodes, but they survive and move on
Plus, how Adidas finally broke its ties with Kanye West after his anti-Semitic remarks; and the latest on a Hollywood merger gone somewhat wrong
German group warns net profits will be up to €250mn lower following decision
German sportswear group hit by lower than expected sales
Mathias Döpfner orchestrated stories against company for pausing rents without disclosing his interest
The German group’s chief insists that the overwhelming problem is China’s lockdowns
German sportswear group will replace Kasper Rørsted in 2023, three years before his contract is up
Quarterly sales slide amid supply chain disruption, store closures and rising costs
Sportswear brand loses market share to local rivals after nationalist backlash
Sportswear maker’s move to track data follows staff protests over racial inequality
Deal draws line under ill-fated acquisition of US brand by German sportswear group
World’s largest sportswear maker increases full-year guidance despite production shortages
German sportswear group seeks to capitalise on rising popularity of hiking and skiing
Sportswear maker vows to double shareholder payouts as it seeks to boost profits through direct sales
German group assessing options for US brand acquired in $3.8bn deal to take on Nike
Move gives German sportswear group the option of resuming dividend payments
Permira and Triton consider move for US sports outfitter that would mark end of awkward relationship with parent Adidas
The British-Jamaican designer’s new collection further fuels her mission to create a luxury brand that comes from a black cultural perspective
Karen Parkin’s comment at internal meeting prompted calls for inquiry into her conduct
This week in the business of sport: AS Roma’s €750m takeover collapses | Adidas’ struggles with anti-racism response in US | India’s cricket boom, and more.
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