Word: reebok
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...income rose 21%, to $1.4 billion, for the full year ending Feb. 28, but Nike's stock has slipped 5.3% in 2006. Adidas, which nearly imploded in the 1990s, is working through another restructuring. The company last year spun out its ill-fitting Salomon ski business and bought Reebok, the perennial No. 3 brand. Adidas profits rose 25%, to $537 million, over the past year, but its stock has slipped 1.4% off its 52-week high of 175 euros ($223) a share in late January...
Although the Tunit should help Adidas, some investors fear that getting a much larger shoe to fit could distract the company from pressing the advantage in soccer: its $3.8 billion purchase of Reebok, the struggling Canton, Mass., sporting-goods company. Although the merger helps Adidas gain market share and nudge closer to Nike overall, right now it's a drag on earnings: Reebok's orders declined 22% in the fourth quarter of 2005 owing to weak products and anxiety about Adidas' strategy for the brand. "Mind boggling," says John Shanley, an analyst at Susquehanna Financial Group...
...like germ-resistant T shirts, air-conditioner filters and pillows. "We believe it fills a need that exists in the marketplace," says the unit's business manager, David Whitley. "It has value--and, bottom line, it works." AgION, for its part, is working with 60 companies, including DuPont and Reebok. "We're not introducing any new chemicals to the world," Trogolo points out. "We're just using silver contained in what is essentially sand." Only it's the sort of sand he'd like to see getting into everything...
...make your own garam masala, eschew cappuccinos for chai and think Bollywood dance classes are the height of chic. Now buy the shoes. Come November, Reebok will be releasing its first-ever couture sneaker collection; to design them, it has selected New Delhi's most outlandish couturier, 33-year-old Manish Arora. Retailing at up to $500 a pair in India (and considerably more in New York City), Reebok's Fish Fry range reflects the explosive use of color and kitsch for which Arora is fast becoming known. Loh and Behold Avant-garde murals and imaginative furnishings characterise...
...make your own garam masala, eschew cappucinos for chai and think Bollywood dance classes are the height of chic. Now buy the shoes. Come November, Reebok will be releasing its first-ever couture sneaker collection; to design them, it has selected New Delhi's most outlandish couturier, 33-year-old Manish Arora. Retailing at up to $500 a pair in India (and considerably more in New York), Reebok's Fish Fry range reflects the explosive use of color and kitsch for which Arora is fast becoming known. The most intricate of his 12 designs uses embossed suede, rhinestones and crystals...