With longtime CEO Kasper Rorsted stepping down in 2023, here’s what the forthcoming months may entail for the brand.
Under his direction, the German sportswear brand has struggled to maintain sales in Asian markets.
Originally acquired for $3.8 billion USD back in 2006.
“It’s not something I worry about when I wake up in the morning.”
As well as discussing Zion Williamson’s blow out.
“We expect to continue strong business with Kanye West.”
Brands like Balenciaga, Gucci and Versace are a “minuscule part of the market.”
“One must always to look into a mirror and ask yourself, ‘Are we treating people appropriately?’”
The retail apocalypse continues.
Welcome adidas’ new CEO Kasper Rorsted.