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Adidas

Adidas reports strongest China sales since early 2022

Adidas saw strong underlying growth in Greater China in the third quarter, while sales in North America excluding...

Published 29 Oct, 2024 02:57pm

Life & Style

As Nike struggles, Adidas must surf Samba wave with caution

LONDON: Nike’s ongoing struggles are giving Adidas a chance to keep taking market share from its larger U.S. rival,...

Published 08 Oct, 2024 02:11pm

Life & Style

Adidas says Q2 sales excluding Yeezy rose in North America

Adidas said on Wednesday its second-quarter revenues in North America, excluding sales of the Yeezy line, rose from...

Published 31 Jul, 2024 04:03pm

Sports

Germany look to ‘awaken spirits’ of 2014 with Euros base camp

HERZOGENAURACH: Germany’s Euro 2024 base camp, located in the Bavarian village headquarters of kit manufacturer...

Published 26 Jun, 2024 12:57pm

Life & Style

Adidas plots to swerve Samba slump

LONDON: As Adidas aims to build on hot demand for its three-striped white and black Samba and multi-coloured Gazelle...

Published 03 May, 2024 01:46pm

Life & Style

Samba, Gazelle shoes help drive Adidas sales while North America lags

Strong demand for its retro-style Gazelle and Samba sneakers helped drive Adidas’ strong first-quarter growth,...

Published 01 May, 2024 03:15pm

Markets

Adidas, LVMH steer European shares higher on earnings relief

PARIS: European shares gained on Wednesday after a bruising sell-off in the previous session, supported by healthy...

Published 18 Apr, 2024 03:24am

Business & Finance

Adidas warns of 2024 sales decline in overstocked North America market

HERZOGENAURACH: German sportswear giant Adidas said on Wednesday it expects a decline in its sales in North America...

Published 21 Mar, 2024 05:22am

World

Walmart and Adidas cargo aboard, one ship’s voyage to avoid the Red Sea

LONDON: When the Maersk Tanjong set sail from Thailand on December 2, headed towards the Suez Canal to reach the...

Published 31 Jan, 2024 05:46pm

Markets

European shares bounce back from three-week lows

PARIS: European shares recouped some losses on Thursday after hitting three-week lows in the previous session, with...

Published 05 Jan, 2024 03:12am

World

Violent BD garment protests shut hundreds of factories

DHAKA: Hundreds of garment factories in Bangladesh have shuttered as thousands of workers staged violent protests to...

Published 03 Nov, 2023 06:11am

World

Violent Bangladesh garment protests shut hundreds of factories

DHAKA: Hundreds of garment factories in Bangladesh have shuttered as thousands of workers staged violent protests to...

Published 02 Nov, 2023 01:45pm

Life & Style

Adidas and Puma eye chances in soccer’s fashion moment

LONDON: Sportswear brands like Adidas and Puma are seeking to take advantage of a flirtation with soccer by the...

Published 01 Nov, 2023 03:32pm

Business & Finance

Adidas tests upper limit of running market with $500 shoe

LONDON: Adidas’ newest running shoes, worn by Ethiopia’s Tigist Assefa on Sunday to set a new women’s marathon world...

Published 26 Sep, 2023 04:43pm

Markets

Pakistan’s economic woes leave textile industry in tatters

LAHORE: Factory worker Lubna Babar was made redundant at the beginning of the year, a victim of a crisis in the...

Published 06 Aug, 2023 12:13pm

Life & Style

Adidas books profit as it sells off Kanye inventory

FRANKFURT, Germany: Adidas said Thursday it booked a profit in the second quarter, showing tentative signs of...

Published 03 Aug, 2023 06:31pm

Business & Finance

Adidas swamped with $565mn in orders for unsold Yeezy shoes: FT

Adidas got orders worth more than 508 million euros (about $565 million) for 4 million pairs of unsold Yeezy shoes,...

Published 24 Jul, 2023 12:16pm

Sports

India board says kit sponsorship deal with Adidas runs until 2028

BENGALURU: India’s cricket board (BCCI) said on Tuesday its kit sponsorship deal with Adidas would run until March...

Published 23 May, 2023 12:54pm

Business & Finance

Adidas posts loss as Kanye West split ‘hurts’ business

FRANKFURT: German sportswear giant Adidas reported on Friday a hefty first-quarter loss, acknowledging its split ...

Published 08 May, 2023 06:40am

Business & Finance

Adidas ‘optimistic’ as Q1 sales beat expectations

LONDON: Adidas’ first quarter was better than expected, the company said on Friday, with sales down 1% compared to...

Published 05 May, 2023 12:04pm

Business & Finance

Adidas to slash dividend after Kanye West split

HERZOGENAURACH (Germany): Adidas will slash its 2022 dividend, the sporstwear maker said on Wednesday, warning a...

Published 13 Mar, 2023 06:15am

Sports

Pakistani tennis star becomes brand ambassador of Adidas

LAHORE: Tennis star Haniya Minhas has become the first youngest Pakistani to be appointed as the official brand...

Published 24 Jan, 2023 07:49am

Pakistan

Pakistan-made footballs at FIFA World Cup 2022: the ‘crown jewel’ for Sialkot’s Forward Sports

The FIFA World Cup 2022 begins on Sunday as focus finally moves towards the action on the field, marking the...

Updated 20 Nov, 2022 12:35pm

Life & Style

Spotify criticises Ye’s comments, keeps his music

As corporations around the world including Adidas AG cut ties with Kanye West, music streaming service Spotify...

Updated 26 Oct, 2022 05:42pm

Life & Style

Chaos agent Kanye West crosses line with bigoted remarks

NEW YORK: Kanye West has long been one of the entertainment industry's most polarizing figures, but his recent...

Published 13 Oct, 2022 02:56pm

Business & Finance

Adidas posts 28% decline in Q2 operating profit despite sales increase

BERLIN: Adidas on Thursday said operating profit fell by 28% in the second quarter to 392 million euros ($398.43...

Updated 04 Aug, 2022 11:46am

Life & Style

Fashion retailer H&M joins TJX, others in exiting Russia

STOCKHOLM: the world's second-biggest fashion retailer, said on Monday it had decided to wind down its business in...

Published 18 Jul, 2022 04:27pm

Life & Style

Sportswear brand adidas collaborates with Pakistani eatery in Dubai

The adidas' 'Original Superstar' trainer has been redesigned to create the 'Superstar Ravi', reflecting white and green colors of the restaurant, also a nod to the Pakistani flag

Updated 14 Jun, 2022 10:06pm

Business & Finance

Adidas lowers 2022 expectations amid China lockdowns

BERLIN: Adidas lowered expectations for 2022 after a first-quarter slump as renewed COVID-19-related lockdowns in...

Updated 06 May, 2022 11:59am

Life & Style

Adidas expects Russia hit in 2022, but China recovery

BERLIN: German sportswear company Adidas said it expected a halt to its business in Russia due the war in Ukraine to...

Published 09 Mar, 2022 01:44pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 22	252.10

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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