Originals Store Los Angeles | November 2005
In the year 2005 Bob Marley would have turned 60; the past, present and future of his music are celebrated with the release of “Africa Unite – the Singles Collection” (Island/Tuff Gong/UMe). In addition to his vintage tracks, the record spotlights two new recordings: “Slogans”, the first new Marley track in more than a decade, and a remix of “Africa Unite”. Highlighting the international CD launch, the adidas Originals Store in Los Angeles hosted a listening event which was attended by Rohan Marley and other long time industry and musical partners of Bob Marley.
"My Adidas" A Run DMC collection
No. 6 Newburgh Street W1F 7RQ London | December 2005
Run DMC and adidas are intrinsically linked in the imagination of the hip-hop community around the world. adidas represents the look and the life style of hip-hop and no other brand has been so closely associated with global hip-hop icons. Run DMC created an iconic street look and cultivated the ‘80s hip-hop signature style. No 6 in London was the location for a unique exhibition of rare Run DMC memorabilia and clothing from the glory days of hip-hop.
Adidas forecasts sales rise
Adidas Group raised its annual earnings and sales forecast for 2005, due to rising demands in the U.S. and strong orders for new pr oducts in the run-up to next year's soccer World Cup in Germany. The company expects that net income for Adidas will grow at least 20 percent in 2005. For the third quarter, net income, rose 20.3 percent to 215 million euros, beating analysts' estimates. "Adidas is moving with great vigor toward the World Cup," said Herbert Hainer, chief executive officer of Adidas, during a conference call with analysts Thursday. "We are ready to take on the next big challenge, the integration of the Reebok group."
Adidas, the second-largest activewear firm in the world after Nike, is in the pr ocess of purchasing Reebok International Ltd. to double its share of the U.S. market and narrow the gap with its biggest competitor. Despite Reebok's slumping sales in the third quarter and decreasing orders from retailers such as Foot Locker, Hainer ex pr essed confidence that the Reebok acquisition would boost earnings.
"Clearly, there are challenges that Reebok will solve, but these were not unknown when we made our offer in August and we remain fully confident in the synergies and financial targets," Hainer said. The deal should be concluded in the first half of 2006, following European antitrust ap proval. By region, European sales were flat due to the general economic malaise. The region "continues to be the biggest challenge," Hainer said. Still, he expects demand to gain momentum into next year especially as World Cup pr oducts enter the market. Team jerseys from France , Germany , Japan and Argentina , for example, are expected to hit stores this month. Apart from World Cup pr oducts, Hainer said demand for running shoes and apparel is on the rebound in Europe .”
4 November 2005
Stella does tennis whites
Following the huge success of her sportswear line with Adidas, designer Stella McCartney will now include tennis into her range of design talents. “There is not a great-looking, high-performance spin on tennis and it's about time women look stylish on the court,” she said.
Meanwhile, H&M may expect mayhem in its stores next month when Stella's one-off collection hits its stores. The launch will begin with a party on 25 October that is expected to attract all the glitterati.
13 October 2005