Retail Industry
Industry: Email Alert RSS FeedAdidas AG posts flat sales in '89. (athletic shoe manufacturer)
Footwear News, April, 1990
Adidas AG posts flat sales in '89
PARIS (FNS) - Adidas AG last week reported flat 1989 sales of 3.2 billion Deutsche marks ($1.9 billion), "marred by unsatisfactory developments in the U.S.A. and France," but otherwise in line with expectations.
The West German athletics giant did not disclose a profit or loss figure, saying the number would not be announced until the summer.
Problems in the U.S. and France downplayed improved sales in West Germany, Italy and Britain, Adidas said. The company added that the continuing re-organization of its sourcing network led to "delivery bottlenecks and sales losses." This negatively affected sales of shoes with the Torsion technology at a time when demand was great for the new product, Adidas said. ...
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- LIFO vs. FIFO: a return to the basics
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
- Design a commission plan that drives sales - Sales Commissions
