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Adidas

EU delegation told: Govt committed to economic stability: PM

Updated 29 Apr, 2026 09:16am

ISLAMABAD: Prime Minister Shehbaz Sharif on Tuesday reassured the European Union (EU) of Pakistan’s commitment to...

European cos' keen to expand footprint in Pakistan

Published 28 Apr, 2026 01:35pm

European firms have signalled strong interest in expanding their footprint in Pakistan, with leading companies...

Adidas says tariffs will add $231 million to second-half costs

Published 30 Jul, 2025 12:24pm

Adidas said on Wednesday higher US tariffs would add around 200 million euros ($231 million) to its costs in the...

Juventus extend Adidas partnership to 2037 in $468mn deal

Published 19 Jun, 2025 05:26pm

ROME: Juventus have extended their technical partnership with German sportswear giant Adidas until June 2037, in a...

Adidas holds back on profit upgrade due to tariff uncertainty

Published 29 Apr, 2025 01:05pm

German sportswear maker Adidas held back on Tuesday from raising its 2025 financial forecasts despite strong...

Adidas to cut 500 jobs

Published 26 Mar, 2025 05:25am

FRANKFURT: German sportswear giant Adidas said Wednesday it will cut up to 500 jobs as it looks to continue its...

Adidas reports strongest China sales since early 2022

Published 29 Oct, 2024 02:57pm

Adidas saw strong underlying growth in Greater China in the third quarter, while sales in North America excluding...

As Nike struggles, Adidas must surf Samba wave with caution

Published 08 Oct, 2024 02:11pm

LONDON: Nike’s ongoing struggles are giving Adidas a chance to keep taking market share from its larger U.S. rival,...

Adidas says Q2 sales excluding Yeezy rose in North America

Published 31 Jul, 2024 04:03pm

Adidas said on Wednesday its second-quarter revenues in North America, excluding sales of the Yeezy line, rose from...

Germany look to ‘awaken spirits’ of 2014 with Euros base camp

Published 26 Jun, 2024 12:57pm

HERZOGENAURACH: Germany’s Euro 2024 base camp, located in the Bavarian village headquarters of kit manufacturer...

Adidas plots to swerve Samba slump

Published 03 May, 2024 01:46pm

LONDON: As Adidas aims to build on hot demand for its three-striped white and black Samba and multi-coloured Gazelle...

Samba, Gazelle shoes help drive Adidas sales while North America lags

Published 01 May, 2024 03:15pm

Strong demand for its retro-style Gazelle and Samba sneakers helped drive Adidas’ strong first-quarter growth,...

Adidas, LVMH steer European shares higher on earnings relief

Published 18 Apr, 2024 03:24am

PARIS: European shares gained on Wednesday after a bruising sell-off in the previous session, supported by healthy...

Adidas warns of 2024 sales decline in overstocked North America market

Published 21 Mar, 2024 05:22am

HERZOGENAURACH: German sportswear giant Adidas said on Wednesday it expects a decline in its sales in North America...

Walmart and Adidas cargo aboard, one ship’s voyage to avoid the Red Sea

Published 31 Jan, 2024 05:46pm

LONDON: When the Maersk Tanjong set sail from Thailand on December 2, headed towards the Suez Canal to reach the...

European shares bounce back from three-week lows

Published 05 Jan, 2024 03:12am

PARIS: European shares recouped some losses on Thursday after hitting three-week lows in the previous session, with...

Violent BD garment protests shut hundreds of factories

Published 03 Nov, 2023 06:11am

DHAKA: Hundreds of garment factories in Bangladesh have shuttered as thousands of workers staged violent protests to...

Violent Bangladesh garment protests shut hundreds of factories

Published 02 Nov, 2023 01:45pm

DHAKA: Hundreds of garment factories in Bangladesh have shuttered as thousands of workers staged violent protests to...

Adidas and Puma eye chances in soccer’s fashion moment

Published 01 Nov, 2023 03:32pm

LONDON: Sportswear brands like Adidas and Puma are seeking to take advantage of a flirtation with soccer by the...

Adidas tests upper limit of running market with $500 shoe

Published 26 Sep, 2023 04:43pm

LONDON: Adidas’ newest running shoes, worn by Ethiopia’s Tigist Assefa on Sunday to set a new women’s marathon world...

Pakistan’s economic woes leave textile industry in tatters

Published 06 Aug, 2023 12:13pm

LAHORE: Factory worker Lubna Babar was made redundant at the beginning of the year, a victim of a crisis in the...

Adidas books profit as it sells off Kanye inventory

Published 03 Aug, 2023 06:31pm

FRANKFURT, Germany: Adidas said Thursday it booked a profit in the second quarter, showing tentative signs of...

Adidas swamped with $565mn in orders for unsold Yeezy shoes: FT

Published 24 Jul, 2023 12:16pm

Adidas got orders worth more than 508 million euros (about $565 million) for 4 million pairs of unsold Yeezy shoes,...

India board says kit sponsorship deal with Adidas runs until 2028

Published 23 May, 2023 12:54pm

BENGALURU: India’s cricket board (BCCI) said on Tuesday its kit sponsorship deal with Adidas would run until March...

Adidas posts loss as Kanye West split ‘hurts’ business

Published 08 May, 2023 06:40am

FRANKFURT: German sportswear giant Adidas reported on Friday a hefty first-quarter loss, acknowledging its split ...

Adidas ‘optimistic’ as Q1 sales beat expectations

Published 05 May, 2023 12:04pm

LONDON: Adidas’ first quarter was better than expected, the company said on Friday, with sales down 1% compared to...

Adidas to slash dividend after Kanye West split

Published 13 Mar, 2023 06:15am

HERZOGENAURACH (Germany): Adidas will slash its 2022 dividend, the sporstwear maker said on Wednesday, warning a...

Pakistani tennis star becomes brand ambassador of Adidas

Published 24 Jan, 2023 07:49am

LAHORE: Tennis star Haniya Minhas has become the first youngest Pakistani to be appointed as the official brand...

Pakistan-made footballs at FIFA World Cup 2022: the ‘crown jewel’ for Sialkot’s Forward Sports

Updated 20 Nov, 2022 12:35pm

The FIFA World Cup 2022 begins on Sunday as focus finally moves towards the action on the field, marking the...

Spotify criticises Ye’s comments, keeps his music

Updated 26 Oct, 2022 05:42pm

As corporations around the world including Adidas AG cut ties with Kanye West, music streaming service Spotify...

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Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 3	278.65
USD PKR Interbank Buying / Jun 3	278.45
USD to Japanese Yen / Jun 3	159.93
USD to Swiss Franc / Jun 3	0.79
Pound Sterling to USD / Jun 3	1.34
Euro to USD / Jun 3	1.16
SOFR % / Jun 3	3.63

Stock	Volume
S&P 500 / Jun 3	7,553.68
India Sensex / Jun 3	74,346.17
Tokyo Nikkei / Jun 3	68,402.13
Nasdaq / Jun 3	26,853.97
Hang Seng / Jun 3	25,633.21
FTSE 100 / Jun 3	10,332.30
Dow Jones / Jun 3	50,687.07
Germany DAX 30 / Jun 3	24,795.94
France CAC40 / Jun 3	8,150.42

Item	Value
Crude Oil USD/Barrel / Jun 3	95.34
Gold 10 Grams PKR / Jun 3	401,030
Gold Spot USD/Ounce / Jun 3	4,452.30
Cotton US¢/pound / Jun 3	80.51
Petrol/Litre / Jun 4	381.78
Diesel/Litre / Jun 4	380.78

Gainers
Losers
Leaders

Stock	Price
Wasl Mobility Mod. / Jun 3 Wasl Mobility Modaraba(WASL)	5.91 ▲ 1 (20.37%)
Gulshan Sp. / Jun 3 Gulshan Spinning Mills Limited(GSPM)	6.18 ▲ 1 (19.31%)
First AL-Noor Mod. / Jun 3 First Al-Noor Modaraba(FANM)	6.88 ▲ 1 (17.01%)
Chenab Ltd (Pref) / Jun 3 Chenab Limited (Pref)(CLCPS)	3.85 ▲ 0.44 (12.9%)
Chenab Ltd / Jun 3 Chenab Limited(CHBL)	9.61 ▲ 0.91 (10.46%)
Askari Life Assur. / Jun 3 Askari Life Assurance Company Limited(ALAC)	19.24 ▲ 1.75 (10.01%)
Dawood Equities / Jun 3 Dawood Equities Limited(DEL)	20.56 ▲ 1.87 (10.01%)
Grays Leasing / Jun 3 Grays Leasing Limited(GRYL)	20.89 ▲ 1.9 (10.01%)
Shahzad Tex. / Jun 3 Shahzad Textile Mills Limited(SZTM)	68.38 ▲ 6.22 (10.01%)
Ideal Spinning / Jun 3 Ideal Spinning Mills Limited(IDSM)	72.48 ▲ 6.59 (10%)

Stock	Price
Khairpur Sug. / Jun 3 Khairpur Sugar Mills Limited(KPUS)	2,164.61 ▼ -240.51 (-10%)
Diamond Ind. / Jun 3 Diamond Industries Limited(DIIL)	71.48 ▼ -7.9 (-9.95%)
Tri-Star Mutual / Jun 3 Tri-Star Mutual Fund Limited(TSMF)	16.88 ▼ -1.62 (-8.76%)
Power Cem(Pref) / Jun 3 Power Cement (Pref)(POWERPS)	27.79 ▼ -2.41 (-7.98%)
Paramount Mod / Jun 3 First Paramount Modaraba(FPRM)	13.90 ▼ -1.1 (-7.33%)
AN Textile Mills / Jun 3 AN Textile Mills Limited(ANTM)	30.18 ▼ -2.23 (-6.88%)
Al-Khair Gadoon / Jun 3 Al-Khair Gadoon Limited(AKGL)	52.03 ▼ -3.68 (-6.61%)
Gammon Pak / Jun 3 Gammon Pakistan Limited(GAMON)	19.23 ▼ -1.32 (-6.42%)
Burshane LPG / Jun 3 Burshane LPG (Pakistan) Limited(BPL)	56.96 ▼ -3.61 (-5.96%)
Punjab Oil / Jun 3 Punjab Oil Mills Limited(POML)	147.13 ▼ -8.47 (-5.44%)

Stock	Volume
Treet Battery / Jun 3 Treet Battery Limited(TBL)	46,642,698 ▼ -0.03
Dewan Cement / Jun 3 Dewan Cement Limited(DCL)	33,760,377 ▲ 0.4
Sitara Petroleum Service / Jun 3 Sitara Petroleum Service Limited(SPSL)	25,238,548 ▲ 0.84
Beco Steel Ltd / Jun 3 Beco Steel Limited(BECO)	23,949,474 ▲ 0.46
P.T.C.L. / Jun 3 Pakistan Telecommunication Company Ltd(PTC)	23,376,596 ▲ 0.82
TPL Corp Ltd / Jun 3 TPL Corp Limited(TPL)	17,752,841 ▲ 0.38
Cnergyico PK / Jun 3 Cnergyico PK Limited(CNERGY)	16,285,113 ▼ -0.2
WorldCall Telecom / Jun 3 Worldcall Telecom Limited(WTL)	14,753,659 ▼ -0.01
K-Electric Ltd. / Jun 3 K-Electric Limited(KEL)	13,876,959 ▼ -0.12
Mahanna Islamic Index / Jun 3 Mahanna Islamic Index Traded Fund(MIIETF)	13,316,500 ▼ -0.13

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