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Adidas buyback, profit forecast set to boost shares

Adidasforecastslowersalesandprofitgrowthfor2018butliftedits2020profitabilityforecastandsharesoftheGermansportswearfirmlookedsettogetaboostfromnewsofalargebuybac

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Adidas sells TaylorMade equipment to US fund

GermansportsgiantAdidassaidWednesdayithadagreedtosellitsgolfingbrandsTaylorMade,AdamsGolfandAshworthtoUSfundKPSCapitalPartnersfor$425million(390millioneuros).Th

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Adidas teams up with Chinese athletes for new campaign

The German sporting goods brand, which is embarking on a major retail expansion push in China, has enlisted freestyle swimmer Ning Zetao and volleyball star Hui Ruoqi to star in a new campaign.