Kasper Rorsted

Even with Nike Inc (NASDAQ: NKE) roaring back in North America, adidas AG (ADR) (OTC: ADDYY)'s CEO said the brand is maintaining its foothold in the market. Adidas CEO Kasper Rorsted appeared on CNBC Tuesday and said the company is gaining market share in North America for the third year...

Adidas (AG) (OTC: ADDYY) continues its blistering pace of growth in North America. The German sportswear brand announced fourth quarter earnings that showed 31 percent sales growth (Adidas and Reebok brand) in the fourth quarter in that region. Revenue grew double digits in nearly every geography...

Adidas AG(ADR) (OTC: ADDYY) announced it has finally sold off its golf segment to KPS Capital Partners for $425 million. The deal is expected to close towards the end of 2017. Adidas has been shopping its golf segment, which includes leading golf brand TaylorMade, along with Adams Golf and apparel...