Tag Archives: Adidas

Earlier this fall, Google finally launched the Pixel Watch. It wasn’t a perfect smartwatch, but it was a respectable first attempt in a category that Google notoriously neglected for years. Even so, it’s hard to shake off the idea that Google might prematurely abandon its revived wearable ambitions if it doesn’t do “well enough.” This is why the company has been quietly chugging away at Wear OS improvements in the background. The latest is a round of “holiday” Android updates… Source link

After weeks of silence, Adidas (ADDYY) has officially cut ties with rapper Kanye “Ye” West following his antisemitic remarks— but is it too little, too late? Adidas “has really broken trust with their customers,” Angeli Gianchandani, practitioner in residence at the University of New Haven, told Yahoo Finance Live (video above), stressing that the German brand will now have to repair its reputation. “Being able to communicate immediately and getting in front of the crisis is important,” she… Source link

Adidas is a mess of a retail brand right now, and it’s not only because of ties to problematic musician-turned-designer Kanye West. On Tuesday, Adidas severed ties with West following a spate of antisemitic comments in recent weeks. “Adidas does not tolerate antisemitism and any other sort of hate speech,” Adidas said in a statement. “Ye’s recent comments and actions have been unacceptable, hateful and dangerous, and they violate the company’s values of diversity and inclusion, mutual… Source link

Adidas (ADDYY) has reached an agreement to sell Reebok to Authentic Brands for nearly $2.5 billion, in a majority cash deal. The German sports retailer bought Reebok in 2006 for $3.8 billion to help compete against Nike (NKE). However, after 15 years of lower-than-expected sales, its ready to part ways with the American brand. “Reebok has been a valued part of Adidas, and we are grateful for the contributions the brand and the team behind it have made to our company. With this change in… Source link