Adidas, the prominent German sportswear manufacturer, has reported remarkable growth during the third quarter of 2024, indicating that chief executive Bjørn Gulden’s turnaround plan is effectively reviving the brand. The company’s recent performance has been characterized by a notable increase in revenue, particularly in various global markets, contributing to an optimistic outlook for the future. […]
Nike’s Declining Brand Heat, in Five Charts
Nike is facing critical challenges under the leadership of new CEO Elliott Hill, who recently assumed the reins of a company grappling with evolving market dynamics and dwindling brand prestige. Once considered the epitome of sneaker culture, Nike’s brand heat has cooled significantly, particularly in the wake of the pandemic’s unique consumer preferences. As Hill […]