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Adidas

Violent BD garment protests shut hundreds of factories

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

Published 03 Nov, 2023 06:11am

World

Violent Bangladesh garment protests shut hundreds of factories

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

Published 02 Nov, 2023 01:45pm

Life & Style

Adidas and Puma eye chances in soccer’s fashion moment

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

Published 01 Nov, 2023 03:32pm

Business & Finance

Adidas tests upper limit of running market with $500 shoe

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

Published 26 Sep, 2023 04:43pm

Markets

Pakistan’s economic woes leave textile industry in tatters

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

Published 06 Aug, 2023 12:13pm

Life & Style

Adidas books profit as it sells off Kanye inventory

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

Published 03 Aug, 2023 06:31pm

Business & Finance

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

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

Published 24 Jul, 2023 12:16pm

Sports

India board says kit sponsorship deal with Adidas runs until 2028

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

Published 23 May, 2023 12:54pm

Business & Finance

Adidas posts loss as Kanye West split ‘hurts’ business

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

Published 08 May, 2023 06:40am

Business & Finance

Adidas ‘optimistic’ as Q1 sales beat expectations

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

Published 05 May, 2023 12:04pm

Business & Finance

Adidas to slash dividend after Kanye West split

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

Published 13 Mar, 2023 06:15am

Sports

Pakistani tennis star becomes brand ambassador of Adidas

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

Published 24 Jan, 2023 07:49am

Pakistan

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

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

Updated 20 Nov, 2022 12:35pm

Life & Style

Spotify criticises Ye’s comments, keeps his music

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

Updated 26 Oct, 2022 05:42pm

Life & Style

Chaos agent Kanye West crosses line with bigoted remarks

NEW YORK: Kanye West has long been one of the entertainment industry's most polarizing figures, but his recent...

Published 13 Oct, 2022 02:56pm

Business & Finance

Adidas posts 28% decline in Q2 operating profit despite sales increase

BERLIN: Adidas on Thursday said operating profit fell by 28% in the second quarter to 392 million euros ($398.43...

Updated 04 Aug, 2022 11:46am

Life & Style

Fashion retailer H&M joins TJX, others in exiting Russia

STOCKHOLM: the world's second-biggest fashion retailer, said on Monday it had decided to wind down its business in...

Published 18 Jul, 2022 04:27pm

Life & Style

Sportswear brand adidas collaborates with Pakistani eatery in Dubai

The adidas' 'Original Superstar' trainer has been redesigned to create the 'Superstar Ravi', reflecting white and green colors of the restaurant, also a nod to the Pakistani flag

Updated 14 Jun, 2022 10:06pm

Business & Finance

Adidas lowers 2022 expectations amid China lockdowns

BERLIN: Adidas lowered expectations for 2022 after a first-quarter slump as renewed COVID-19-related lockdowns in...

Updated 06 May, 2022 11:59am

Life & Style

Adidas expects Russia hit in 2022, but China recovery

BERLIN: German sportswear company Adidas said it expected a halt to its business in Russia due the war in Ukraine to...

Published 09 Mar, 2022 01:44pm

Business & Finance

McDonald's, Coca-Cola join US firms halting Russia operations

NEW YORK: McDonald’s, Coca-Cola and Starbucks on Tuesday bowed to public pressure and suspended their operations in...

Updated 09 Mar, 2022 01:40pm

Business & Finance

Adidas launches extra buyback after Reebok sale

BERLIN: German sportswear company Adidas said on Tuesday it had completed the divestment of fitness brand Reebok to...

Published 01 Mar, 2022 12:25pm

Markets

Adidas says will grow in China in 2022

BERLIN: German sportswear company Adidas said on Thursday it would grow in its key market of China in 2022 even ...

Published 17 Feb, 2022 06:14pm

Business & Finance

Adidas hikes outlook despite hit to China sales

Second-quarter sales soared 52% to 5.077 billion euros ($6.01 billion), while operating profit came in at 543 million euros

Published 05 Aug, 2021 11:55am

Business & Finance

Adidas launches Reebok auction, China row may dent Asian interest

Adidas has asked for first round bids to be submitted next week and is expecting China's Anta Sports and Li Ning to hand in offers, with Korea's Fila and US-based Wolverine also seen as possible bidders, the sources, who are all familiar with the situation, said.
For Chinese buyers the appeal could be dented by consumer boycotts of Western fashion brands in the country over comments they did not use cotton sourced from Xinjiang.

Updated 05 May, 2021 08:16pm

Business & Finance

Adidas eyes strong recovery after 2020 plunge during pandemic

FRANKFURT AM MAIN: German sportswear group Adidas said Wednesday the pandemic sent its earnings plunging 78 percent...

Published 29 Mar, 2021 06:05am

Opinion

China's corporate loyalty drive ensnares international lawyers

China's push to ensure multinationals toe the line has seeped into the legal sphere after Beijing sanctioned a top...

Published 28 Mar, 2021 04:14am

China squeezes Western brands

BEIJING: China on Thursday launched a PR war on Western brands critical of rights abuses against Uyghurs and other...

Published 26 Mar, 2021 05:22am

Business & Finance

Nike, Adidas join brands feeling Chinese social media heat over Xinjiang

H&M was the first brand to come under fire.
Inditex's Xinjiang statement no longer visible on website.
Chinese sportswear shares rally in Hong Kong.

Published 25 Mar, 2021 08:03pm

Markets

European stocks up

MILAN/LONDON: Europe’s main index hovered near pre-pandemic highs on Wednesday, as a rise in shares of Adidas ...

Updated 11 Mar, 2021 09:45am

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Dec 10 786 Investments Limited(786)	5.74 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Dec 10 Al-Abbas Sugar Mills Limited(AABS)	526 ▼ 0.00 (0.00%)
Agro Allianz / Dec 10 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Dec 10 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Dec 10 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Dec 10 Allied Bank Limited(ABL)	90.51 ▼ 0.00 (0.00%)
Abbott Lab. / Dec 10 Abbott Laboratories (Pakistan) Limited(ABOT)	500.43 ▼ 0.00 (0.00%)
Abson Ind. / Dec 10 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Dec 10 Alfalah Consumer Index ETF.(ACIETF)	10.99 ▼ 0.00 (0.00%)
Attock Cement / Dec 10 Attock Cement Pakistan Limited(ACPL)	105.15 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Dec 10 786 Investments Limited(786)	5.74 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Dec 10 Al-Abbas Sugar Mills Limited(AABS)	526 ▲ 0.00 (0.00%)
Agro Allianz / Dec 10 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Dec 10 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Dec 10 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Dec 10 Allied Bank Limited(ABL)	90.51 ▲ 0.00 (0.00%)
Abbott Lab. / Dec 10 Abbott Laboratories (Pakistan) Limited(ABOT)	500.43 ▲ 0.00 (0.00%)
Abson Ind. / Dec 10 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Dec 10 Alfalah Consumer Index ETF.(ACIETF)	10.99 ▲ 0.00 (0.00%)
Attock Cement / Dec 10 Attock Cement Pakistan Limited(ACPL)	105.15 ▲ 0.00 (0.00%)

Stock	Volume
K-Electric Ltd. / Dec 10 K-Electric Limited(KEL)	342,535,258 ▲ 0.00
WorldCall Telecom / Dec 10 Worldcall Telecom Limited(WTL)	98,557,282 ▲ 0.00
P.T.C.L. / Dec 10 Pakistan Telecommunication Company Ltd(PTC)	58,736,500 ▲ 0.00
Kohinoor Spining / Dec 10 Kohinoor Spinning Mills Limited(KOSM)	56,593,500 ▲ 0.00
Fauji Foods Ltd / Dec 10 Fauji Foods Limited(FFL)	47,998,197 ▲ 0.00
Cnergyico PK / Dec 10 Cnergyico PK Limited(CNERGY)	46,684,647 ▲ 0.00
B.O.Punjab / Dec 10 The Bank of Punjab(BOP)	32,876,325 ▲ 0.00
Pak Elektron / Dec 10 Pak Elektron Limited(PAEL)	29,819,540 ▲ 0.00
Hascol Petrol / Dec 10 Hascol Petroleum Limited(HASCOL)	27,935,500 ▲ 0.00
Pak Int.Bulk / Dec 10 Pakistan International Bulk Terminal(PIBTL)	25,443,500 ▲ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 8	284.30
USD PKR Interbank Buying / Dec 8	283.95
USD to Japanese Yen / Dec 8	144.95
USD to Swiss Franc / Dec 8	0.88
Pound Sterling to USD / Dec 8	1.25
Euro to USD / Dec 8	1.08
UK LIBOR % / Dec 8	5.48

Stock	Volume
S&P 500 / Dec 8	4604.37
India Sensex / Dec 8	69825.60
Tokyo Nikkei / Dec 8	32307.86
Nasdaq / Dec 8	14403.97
Hang Seng / Dec 8	16334.37
FTSE 100 / Dec 8	7554.47
Dow Jones / Dec 8	36247.87
Germany DAX 30 / Dec 8	16759.22
France CAC40 / Dec 8	7526.55

Item	Value
Crude Oil USD/Barrel / Dec 8	71.23
Karachi Cotton PKR/37.32 KG / Dec 8	17235
Gold 10 Grams PKR / Dec 8	187414
Gold Spot USD/Ounce / Dec 8	2004.67
Cotton US¢/pound / Dec 8	81.44

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