LONDON: The trend for low-rise rubber-soled 'terrace' sneakers could give Adidas and Puma an advantage over Nike this summer, but may not offset weakening US and Chinese demand. German sportswear giants Adidas and Puma have trawled their archives to re-release old styles in new colours, driving renewed int
LONDON: The trend for low-rise rubber-soled"terrace" sneakers could give Adidas and Puma an advantage over Nike this summer, but may not offset weakening US and Chinese demand.
Puma is likely to benefit less from the trend than Adidas because its terrace range doesn't have as much name recognition, said Adam Cochrane, analyst at Deutsche Bank. But it's certainly an area where the brand can compete. "We believe the US market is now at the heart of the worries for investors in Adidas and Puma," said Robert Schramm-Fuchs, portfolio manager at Janus Henderson, which holds shares in Adidas.
Adidas, led by ex-Puma CEO Bjorn Gulden since the start of the year, said in May it would donate proceeds from Yeezy stock sales to non-governmental organisations including the Anti-Defamation League but has not yet said what share of the proceeds will go to NGOs.
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
Adidas and Puma bet on 'terrace' sneaker trend in tough marketLONDON : The trend for low-rise rubber-soled 'terrace' sneakers could give Adidas and Puma an advantage over Nike this summer, but may not offset weakening U.S. and Chinese demand.German sportswear giants Adidas and Puma have trawled their archives to re-release old styles in new colours, driving renewed
続きを読む »
Jury out in actor Kevin Spacey's London sexual offences trialLONDON : The jury in U.S. actor Kevin Spacey's sexual assault trial in London retired to consider their verdicts on Monday.Spacey, 63, is standing trial at Southwark Crown Court on nine charges of sexual offences against four men between 2004 and 2013 in Britain, where he worked from 2003 as artistic dire
続きを読む »
Bol goes sub-52 to fire Budapest warningLONDON : Dutchwoman Femke Bol showed that she is in the hottest form ahead of next month's world athletics championships when she blasted to a European record of 51.45 seconds in the 400m hurdles at the London Diamond League on Sunday.Only American world record holder (50.68) Sydney McLaughlin has gone fa
続きを読む »
Succession star Brian Cox leads UK actors' fight against AILONDON - Succession star Brian Cox on Friday spearheaded a protest by hundreds of UK actors in support of striking US colleagues walking out over low pay and the...
続きを読む »
Vodafone reports better revenue growth, names new CFOLONDON :Vodafone reported an acceleration in first-quarter top line growth on Monday, driven by strong demand in Britain and improvements in Germany, Italy and Spain, marking a positive start for new chief executive Margherita Della Valle. The European and African telecoms group also said it had appointed for
続きを読む »