The sum reportedly paid by Nike to lure the German football team away from its historic partner Adidas was "inexplicable", the CEO of the German sportswear giant Bjorn Gulden told AFP in an interview.

Adidas CEO Bjorn Gulden warned that President Trump’s import tariffs – a 25% levy on goods from Canada and Mexico, and 20% on China – could worsen inflation and force consumers to cut back ...

CEO Bjorn Gulden called the guidance conservative and said the company's ambition was higher, however, helping shares recover to trade up around 1% after early losses. Adidas, which has been ...

CEO Bjorn Gulden called the guidance conservative and said the company's ambition was higher, however, helping shares recover to trade up around 1% after early losses. Adidas, which has been gaining ...