Chief Executive Officer Mark Langer resets the ailing German fashion house’s strategy six months into the job.
Volkswagen’s supervisory board chairman, Hans Dieter Poetsch, has been added to a German probe of the carmaker’s emissions scandal.
Embattled German fashion retailer vows to close stores that it can’t make profitable.
Adidas sees increase in earnings this year as consumers spend more, making it easier to sell higher-priced goods and offset rising costs.
Adidas raised its sales and earnings outlook for this year, giving a boost to incoming CEO Kasper Rorsted before he even starts.
Athletics apparel maker Adidas raises its full-year forecasts and announces job cuts at its languishing golf-gear division.
CEO Bill McDermott says the business-software maker still has an opportunity to beat its full-year profit forecast.
Cloud subscription and support sales help to boost SAP’s third-quarter sales and operating profit.
Adidas reports second-quarter profit below analysts’ expectations.
Puma reports surprising sales as consumers flock to buy its Ignite running shoes and Evo soccer cleats.
German retail giant Metro has agreed to sell its Kaufhof department store chain to a Canadian group.
Adidas has reported first-quarter earnings that topped estimates.
Sporting-goods maker Adidas has forecast net income growth of about 15 percent on average each year through 2020.
Europe’s biggest software company plans to cut about 2 200 positions, adding to a similar reduction last year.
Puma’s gradual turnaround continues - and the company has forecast a belated sales increase this year.
Sluggish demand for high-priced fashion in economically stagnant Europe has hit Hugo Boss’s sales figures.
Bill McDermott, who became the sole chief executive of SAP on Wednesday, is counting on the leadership change to speed up decision making as the German software ...