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Nike plans to use the savings to invest more in areas such as running, women’s apparel and the Air Jordan brand, according to a report from The Wall Street...

Nike plans to use the savings to invest more in areas such as running, women’s apparel and the Air Jordan brand, according to a report from The Wall Street...

The company’s comments that the year got off to a lackluster start sent athletic stocks lower Wednesday.

By Andrea Figueras Shares in Adidas plunged after the company provided an outlook for 2024 as a whole that came below expectations. At 0906 GMT on Thursday...

Adidas expects sales to grow at a mid-single-digit annual rate in 2024, the company said, as it navigates several obstacles, including lagging sales in North...

By Mauro Orru Adidas said its revenue and operating profit last year exceeded company guidance after a better-than-expected performance in the fourth quarter...

The company expects a full-year operating loss of around €100 million, better than past projections.

The shares, which are off more than 6% since the start of the month and more than 20% so far this year, are hovering not far above their 52-week low.

The stock, which is off more than 6% since the start of the month and more than 20% so far this year, is hovering not far above its 52-week low.

Shares of Swiss-based On Holding sold off after second-quarter earnings. Investors may have moved too quickly.