5d 1m 3m 1y 5y 10y
ADDYY vs. ETF Alternatives
Wednesday, Mar 56:55 AM|Wednesday, Mar 56:55 AM| Comment!
Tuesday, Mar 49:08 AM|Tuesday, Mar 49:08 AM| Comment!
Wednesday, Feb 57:14 AM
Thursday, Jan 239:47 AM
Thursday, Jan 239:47 AM| 2 Comments
- Adidas (ADDYY) is the company that might have the biggest headache from the news that Justin Bieber was arrested earlier today for drag racing in Miami under suspicion of being intoxicated.
- The company has a highly-touted Neo for Adidas line endorsed by the singer.
- Though most retail analysts see the arrest as a negative for Adidas and its investment, a few aren't so sure sales won't actually get a boost from the development.
Friday, Jan 101:41 PM
Friday, Jan 101:41 PM| Comment!
- Under Armour (UA +0.2%) has landed the equipment contract for the University of Notre Dame, according to ESPN.
- The high-profile endorsement has been with Adidas (ADDYY) since 1997.
- Good news for Fighting Irish fans: Under Armour has a history of backing winners. Its biggest contract this year was with Auburn University which made it all the way to BCS Championship Game for football.
- What to watch: Sterne Agee analyst likes the development, saying that he thinks the spend is already built into Under Armour's preliminary guidance.
Thursday, Jan 23:29 PM
Thursday, Jan 23:29 PM| Comment!
- Sports apparel sellers Nike (NKE -0.6%), Under Armour (UA -0.5%), and Adidas (ADDYY) spend over $250M a year to secure exclusive equipment contracts with the 20 largest college football programs, according to the Portland Business Journal.
- The lavish budget of the companies for college football still pales in comparison to what endorsement deals cost on the professional side.
- Under Armour was the lowest spender of the trio, but its top-sponsored team - the Auburn Tigers - will play in the BCS Championship football game next week to give it some nice exposure.
Tuesday, Dec 32013, 8:00 AM
Tuesday, Dec 32013, 8:00 AM| Comment!
- Adidas (ADDYY) says it will stick with its 2015 targets of sales of €17B ($23B) and an operating margin of 11%.
- A lackluster Q3 report from the German company which paled to Nike's performance during the same period had raised the issue of its future growth track.
- For 2014, Adidas says sales will grow in a high single-digit pace and operating margin will be improved by a percentage point.
Monday, Nov 112013, 4:55 AM
Monday, Nov 112013, 4:55 AM| 2 Comments
- Alibaba expects to sell 30B renminbi ($5B) worth of goods today in celebration of "Singles Day" in China, which the online giant has managed to turn into by far the world's largest e-commerce discount event, even surpassing Cyber Monday in the U.S.
- Major foreign multinationals have also been participating in the celebration - or lamentation - of "singlehood" by offering notable online bargains, including Nike (NKE), Adidas (ADDDF), Procter & Gamble (PG), Unilever (UL) and Samsung (SSNLF, SSNGY).
- And why is it called singles day? Because November 11, or 11/11, has four 1s, or singles.
Thursday, Nov 72013, 11:08 AM
Thursday, Nov 72013, 11:08 AM| 1 Comment
- The lackluster Q3 report from Adidas (ADDYY) may say just as much about Nike than the reporting company.
- While Nike (NKE -0.7%) grew sales briskly in the U.S. and Europe, Adidas saw sales fall by more than 5% in both regions.
- Retail analyst Rahul Sharma says Nike has a growing edge on innovation and styling over its German rival.
Thursday, Nov 72013, 3:59 AM
Thursday, Nov 72013, 3:59 AM| Comment!
- Adidas' (ADDDF) Q3 net profit dropped 8.1% to €316M, in line.
- Sales tumbled 7% to €3.88B, also as expected.
- Operating profit dropped 6% to €463M, slightly below forecasts.
- Adidas' earnings were hurt by currency swings, "unexpected short-term distribution constraints" in Russia and the CIS, and poor sales of golf products.
- Q3 also faced tough comparisons with last year, when the Olympics and European soccer championships took place.
- Adidas reiterated that it expects sales to rise by a low single-digit rate in 2013 and that it predicts an operating margin of approximately 8.5%.
- Adidas CEO Herbert Hainer believes that momentum at the sportswear company will return in Q4 and beyond, especially with the FIFA World Cup set to take place in the summer of next year. (PR)
Wednesday, Nov 62013, 2:25 PM
Wednesday, Nov 62013, 2:25 PM| Comment!
- A new survey from Adobe Systems indicates the shorter period between Thanksgiving and Christmas could cost U.S. retailers $1.5B in lost revenue.
- Though the calendar effect is dramatic this year, the convenient excuse which is likely to crop up in Q4 earnings calls masks some structural changes in retail.
- What to watch: Mall traffic is down and promotional activity is higher as e-commerce accounts for a bigger chunk of total retail sales. With teenagers preoccupied with electronics instead of fashion, analysts think activewear could be the hot holiday category.
- Related stocks: Nike (NKE -0.7%), Under Armour (UA -1.6%), Lululemon (LULU +0.7%), Athleta (GPS), Adidas (ADDYY), Gildan Activewear (GSX +8.6%).
Wednesday, Oct 162013, 1:41 PM
Wednesday, Oct 162013, 1:41 PM| Comment!
- A day after Nike unveiled its FuelBand SE smart bracelet, Adidas (ADDYY.PK -0.6%) unveils a smartwatch of its own. Priced at a loftier-than-rivals $399, the device will offer built-in GPS tracking, Bluetooth connectivity, and pulse-based heart rate tracking.
- Unlike its competitors, Adidas' offering is a standalone device with its own flash storage for music and will lack smartphone integration, reports The Verge.
Thursday, Oct 102013, 1:54 PM
Thursday, Oct 102013, 1:54 PM| Comment!
- Adidas (ADDYY.PK) remains confident it will meet its 2015 financial targets, according to CEO Herbert Hainer.
- The strategic plan known as "Route 2015" includes reaping sales of $23B and an operating margin of 11%.
- The company appears to be banking on a big sales bonanza related to the 2014 World Cup.
Wednesday, Oct 22013, 9:28 AM
Wednesday, Oct 22013, 9:28 AM| Comment!
- Consumers in China are shifting their preferences to lifestyle brands, according to Credit Suisse.
- The trend is sparked by the younger generation which is eager to wear different styles than their parents.
- Luxury brands such as Louis Vuitton (LVMHF.PK) and Dunhill could suffer as the lifestyle brands gain relevance and the high-end premium trims.
- Tapped for success in China: Adidas (ADDYY.PK), Lululemon (LULU), Ralph Lauren (RL), Wolverine Worldwide (WWW), VF Corporation (VFC).
Friday, Sep 202013, 7:16 AM
Friday, Sep 202013, 7:16 AM| Comment!
- Shares of Adidas (ADDYY.PK) fell 4.5% in Frankfurt trading after the company issued a warning on profit.
- Weak emerging markets currencies and a slowdown for golf-related sales are hurting the retailer.
- Adidas investors were warned they should expect a dividend payout of $1.15B for 2013, down from $1.2B last year.
Monday, Jul 82013, 8:46 AM
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