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ADIDAS

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AddressYeni Sahra, Bektaş Sk. No:2, 34746 Ataşehir/İstanbul
Hours Open ⋅ Closes 10PM
Phone (0216) 664 14 14
Stock quoteADDYY
Disclaimer
ADS
HeadquartersHerzogenaurach
Germany
FoundedHerzogenaurach
Germany
Revenue21.92 billion EUR
Ceo Kasper Rørsted
Founders Adolf Dassler
SubsidiariesAdidas (Thailand)
Adidas America
Adidas Runtastic; Matix
Company products and refinementsSandals
FormerGebrüder Dassler Schuhfabrik (1924–1949)
Number of employe57,016
Date of Reg.
Date of Upd.
ID1345409
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About ADIDAS


Adidas AG is a German athletic apparel and footwear corporation headquartered in Herzogenaurach, Bavaria, Germany. It is the largest sportswear manufacturer in Europe, and the second largest in the world, after Nike.

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Sports Direct calls for the probe in the Nike and Adidas rule

Feb 16,2020 5:45 am

Sports Direct owner Mike Ashley , the complaint against Adidas ' power goes back on 2013

Mike Ashley 's Sports Direct has called for an investigation into the sportswear industry, the dominance of Adidas and Nike.

The Company of the "must-have said," brands will hold a negotiating Position , to control the it allows you to both the supply and the prices of their products.

Adidas , The Company from the sale of some of its products,

It Follows that Nike is the termination of the supply deals with various retailers.

"Sports Direct is of the view that the industry was as a whole would benefit from a broad market review by the competent authorities in the UK and Europe," it said in a statement.

"The Sports industry has long been dominated by the must-have brands such as Adidas . These brands hold a very strong negotiating Position vis-à-vis the retailers within their supply networks, and use to implement their market power, the market-wide practices to develop in order to control the supply and, ultimately, the pricing of its products," Sport said Directly.

Mr Ashley's complaint extends back as far as 2013, as the German giants replica Chelsea shirts from Sports Direct stores moved in. The dealer said the dominance of Nike and Adidas , which allows you to "[refuse] to the supply of important products. without any obvious justification".

"you had a Toast '

told, a number of independent retailers will pull their products from their shops. It is part of a movement, the of the U.S. giant The Number of retailers that it is used reduced, and you push customers to your website, the said newspaper.

"All those companies that built a business on the backs of Nike and Adidas are Toast - there is no way you can replace the [business]," a source told the Sunday Times.

Last month, Sports Direct complained that his rival Jd Sports "is planned, the £could reduce 90m takeover of the Footasylum, Mr. Ashley's access to The Top brands.

In The Past , Adidas and Nike have preferred to work with Jd Sports , but sports Direct has tried to make progress, the appointment of former Nike executive David Daly as Chairman of the board.

"Sports Direct has consistently dedicated to the goal of the widest range of products at attractive prices and continue to work constructively with all of its suppliers to improve their product offer for the consumer an advantage," The Company said.

A Nike spokesman said: "Nike is continuously on the market evaluated and to understand the competitive environment, how best the consumer can serve. This also means that we do from time to time, make adjustments to our sales Department to an optimum Distribution . "Adidas has yet to respond to a BBC request for comment.



sports direct, retailing, mike ashley, companies, adidas, nike, inc.

Source of news: bbc.com

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