Showing 1 to 12 of 13 results
Oaxaca Threatens Adidas with Lawsuit Over Culturally Appropriated Shoe
The Mexican state of Oaxaca is threatening legal action against Adidas over its "Oaxaca Slip-On" shoe, which resembles a traditional huarache sandal from Villa Hidalgo Yalalag, accusing the company of cultural appropriation; Governor Salomón Jara Cruz demands the shoe's withdrawal, dialogue with the...
Oaxaca Threatens Adidas with Lawsuit Over Culturally Appropriated Shoe
The Mexican state of Oaxaca is threatening legal action against Adidas over its "Oaxaca Slip-On" shoe, which resembles a traditional huarache sandal from Villa Hidalgo Yalalag, accusing the company of cultural appropriation; Governor Salomón Jara Cruz demands the shoe's withdrawal, dialogue with the...
Progress
44% Bias Score
Major Sportswear Brands Struggle Amidst Fitness Boom
Major sportswear brands like Nike and Puma are experiencing stock market declines due to decreased sales and profit margins in a post-pandemic market, despite a surge in global fitness; Adidas is an exception due to product innovation and disciplined management.
Major Sportswear Brands Struggle Amidst Fitness Boom
Major sportswear brands like Nike and Puma are experiencing stock market declines due to decreased sales and profit margins in a post-pandemic market, despite a surge in global fitness; Adidas is an exception due to product innovation and disciplined management.
Progress
56% Bias Score
Trump's Tariffs Hike Sneaker Prices, Impacting Nike and Resale Market
Trump's tariffs on imported footwear are significantly increasing sneaker prices, impacting major brands like Nike, which faces up to \$3 billion in additional annual taxes and has implemented price hikes; the global resale market, estimated at \$10.6 billion in 2022, is also affected.
Trump's Tariffs Hike Sneaker Prices, Impacting Nike and Resale Market
Trump's tariffs on imported footwear are significantly increasing sneaker prices, impacting major brands like Nike, which faces up to \$3 billion in additional annual taxes and has implemented price hikes; the global resale market, estimated at \$10.6 billion in 2022, is also affected.
Progress
40% Bias Score
Adidas to Raise US Prices Due to Tariffs
Adidas announced price increases in the US due to high import tariffs imposed by the US government, impacting its significant US market share (20% of sales in 2024); the company anticipates minimal short-term effects on sales due to current inventory levels but acknowledges potential long-term impli...
Adidas to Raise US Prices Due to Tariffs
Adidas announced price increases in the US due to high import tariffs imposed by the US government, impacting its significant US market share (20% of sales in 2024); the company anticipates minimal short-term effects on sales due to current inventory levels but acknowledges potential long-term impli...
Progress
44% Bias Score
Adidas Cooling Jacket Improves F1 Driver Performance and Safety
Adidas' new CLIMACOOL System cooling jacket, tested by Mercedes drivers George Russell and Andrea Kimi Antonelli, significantly improves driver cooling compared to ice vests, prompting F1's increased focus on driver safety in high-temperature races following the 2023 Qatar Grand Prix incidents.
Adidas Cooling Jacket Improves F1 Driver Performance and Safety
Adidas' new CLIMACOOL System cooling jacket, tested by Mercedes drivers George Russell and Andrea Kimi Antonelli, significantly improves driver cooling compared to ice vests, prompting F1's increased focus on driver safety in high-temperature races following the 2023 Qatar Grand Prix incidents.
Progress
24% Bias Score
Adidas Sells Remaining Yeezy Stock, Donates Millions to Anti-Hate Groups
Adidas sold its remaining Yeezy sneakers for approximately \$1.4 billion, generating a profit of \$500 million after direct costs. Over \$250 million was donated to charities combating discrimination and hate, including the Anti-Defamation League and the Peres Center for Peace and Innovation, follow...
Adidas Sells Remaining Yeezy Stock, Donates Millions to Anti-Hate Groups
Adidas sold its remaining Yeezy sneakers for approximately \$1.4 billion, generating a profit of \$500 million after direct costs. Over \$250 million was donated to charities combating discrimination and hate, including the Anti-Defamation League and the Peres Center for Peace and Innovation, follow...
Progress
36% Bias Score
Adidas Accused of Cultural Appropriation for "Oaxaca Slip-On" Shoe Design
Adidas faces accusations of cultural appropriation in Mexico for its "Oaxaca Slip-On" shoe, designed by Willy Chavarria, which resembles traditional Zapotec huaraches, prompting the Oaxaca state government to demand the brand halt sales and engage in dialogue with the Yalalag community.
Adidas Accused of Cultural Appropriation for "Oaxaca Slip-On" Shoe Design
Adidas faces accusations of cultural appropriation in Mexico for its "Oaxaca Slip-On" shoe, designed by Willy Chavarria, which resembles traditional Zapotec huaraches, prompting the Oaxaca state government to demand the brand halt sales and engage in dialogue with the Yalalag community.
Progress
40% Bias Score
Nike Shows Signs of Recovery, Stock Surges 11%
Nike reported a net income of \$3.219 billion for its fiscal year ending May 2024, despite a 10% revenue decline, marking a significant improvement and positive investor reaction; the company's CEO attributes the recovery to improved retail partnerships and product development.
Nike Shows Signs of Recovery, Stock Surges 11%
Nike reported a net income of \$3.219 billion for its fiscal year ending May 2024, despite a 10% revenue decline, marking a significant improvement and positive investor reaction; the company's CEO attributes the recovery to improved retail partnerships and product development.
Progress
44% Bias Score
Greece Sues Adidas Over Acropolis Drone Advertisement
Greece is suing Adidas for using the Acropolis in an unauthorized drone light show advertisement, sparking a debate about the commercialization of cultural heritage and government oversight.
Greece Sues Adidas Over Acropolis Drone Advertisement
Greece is suing Adidas for using the Acropolis in an unauthorized drone light show advertisement, sparking a debate about the commercialization of cultural heritage and government oversight.
Progress
52% Bias Score
Adidas Warns of Higher US Trainer Prices Due to Trump Tariffs
Adidas announced that US import taxes imposed by President Trump will raise prices for its trainers such as Gazelles and Sambas in the US market due to its reliance on foreign manufacturing; the company mitigated the impact by rerouting some products, but uncertainty around tariffs continues.
Adidas Warns of Higher US Trainer Prices Due to Trump Tariffs
Adidas announced that US import taxes imposed by President Trump will raise prices for its trainers such as Gazelles and Sambas in the US market due to its reliance on foreign manufacturing; the company mitigated the impact by rerouting some products, but uncertainty around tariffs continues.
Progress
40% Bias Score
Puma CEO Replaced Amid Stock Plunge
Puma replaced its CEO, Arne Freundt, after only two and a half years due to strategic disagreements, appointing Arthur Hoeld, formerly of Adidas, effective July 1st; Puma's stock has dropped significantly during Freundt's tenure, exacerbated by US tariffs and poor US market performance.
Puma CEO Replaced Amid Stock Plunge
Puma replaced its CEO, Arne Freundt, after only two and a half years due to strategic disagreements, appointing Arthur Hoeld, formerly of Adidas, effective July 1st; Puma's stock has dropped significantly during Freundt's tenure, exacerbated by US tariffs and poor US market performance.
Progress
40% Bias Score
Adidas Completes Yeezy Sale, Donates Profits, but Sees Sales Dip
Adidas has ended sales of its Yeezy shoes following its split with Kanye West in October 2022 due to his antisemitic remarks; the company sold \$1.2 billion of remaining inventory, donating profits to charity, but saw a 2% sales decline in North America.
Adidas Completes Yeezy Sale, Donates Profits, but Sees Sales Dip
Adidas has ended sales of its Yeezy shoes following its split with Kanye West in October 2022 due to his antisemitic remarks; the company sold \$1.2 billion of remaining inventory, donating profits to charity, but saw a 2% sales decline in North America.
Progress
36% Bias Score
Showing 1 to 12 of 13 results