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Despite its success, Adidas faces competition from emerging brands like Hoka, Lululemon Athletica Inc (NASDAQ:LULU), New Balance, and On Running, which collectively held a 35% global market share ...
Nike and Adidas have long dominated the global sportswear market, but Swiss sneaker company On is quickly gaining ground.
Adidas ADS3.64%increase; green up pointing triangle is targeting continued sales growth and market-share gains this year, as arch-rival Nike NKE-1.04%decrease; red down pointing triangle seeks a ...
Adidas on Wednesday reported an uptick ... Hoka and New Balance has brought increased competition to the global sportswear market, with each clawing share over the past year.
LONDON (Reuters) - Whether Adidas (ADS.DE) can win more American shoppers from market leader Nike (NKE) will be key to its continued success this year, investors and analysts said, as the German brand ...
Attributed to what has been a constant need to revamp its product line, Nike is dealing with increased competition ... financial metrics for Adidas which has bolstered market sentiment.
"The market is clearly expecting upgrades," Irwin ... given weaker demand in China and higher competition. Adidas still has to be on its toes as smaller brands are gaining ground, especially ...
The key footwear and clothing manufacturing hub of Vietnam faces the threat of a steep 46% tariff returning in July.
Since taking the helm in 2023, Gulden has helped Adidas gain market share from struggling rival Nike and recover after Kanye West’s antisemitic outbursts destroyed their Yeezy collaboration.
According to Liu, a recent trip to China indicated ongoing economic weakness, meaning more-intense competition ... a fading Chinese market, which by the way is where many Adidas rivals have ...