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Fashion Jobs
BESTEAM PERSONNEL CONSULTANCY LTD.
Sale & Marketing Executive
Permanent · TIJUANA
BESTEAM PERSONNEL CONSULTANCY LTD.
Fabric Manager
Permanent · TIJUANA
SHISEIDO
Senior Officer - CRM, Digital Shared Services
Permanent · Hong Kong
BESTEAM PERSONNEL CONSULTANCY LTD.
Merchandising Manager – Beauty Accessories & Fashion Accessories
Permanent · TIJUANA
BESTEAM PERSONNEL CONSULTANCY LTD.
Quality Manager
Permanent · CLEARWATER
BESTEAM PERSONNEL CONSULTANCY LTD.
Product Manager (Intimate or Cut & Sewn Knit)
Permanent · TIJUANA
BESTEAM PERSONNEL CONSULTANCY LTD.
Human Resources Officer (Focus on Recruitment)
Permanent · CLEARWATER
SHISEIDO
Contract IT Specialist - Infrastructure, Information And Technology Transformation
Permanent · Hong Kong
BESTEAM PERSONNEL CONSULTANCY LTD.
Visual Merchandising Manager (Sportswear Brand)
Permanent · CLEARWATER
SHISEIDO
Senior Officer - Business Planning (Demand Planning), Clé de Peau Beauté
Permanent · Hong Kong
SHISEIDO
Manager - Marketing (Content & Communications), Nars And Bare Minerals
Permanent · Hong Kong
PUMA
Manager, Retail & E-Com Merchandising
Permanent · Hong Kong
PUMA
Manager Business Processes & Analytics
Permanent · Hong Kong
PUMA
(Senior) Manager Product Compliance
Permanent · Hong Kong
BESTEAM PERSONNEL CONSULTANCY LTD.
Senior E-Ecommerce Executive
Permanent · CLEARWATER
BESTEAM PERSONNEL CONSULTANCY LTD.
Sales Supervisor / Assistant Sales Supervisor (Fmcg)
Permanent · CLEARWATER
BESTEAM PERSONNEL CONSULTANCY LTD.
Sales Manager, hk & Macau
Permanent · CLEARWATER
BESTEAM PERSONNEL CONSULTANCY LTD.
Sales Executive / Assistant Sales Manager
Permanent · CLEARWATER
BESTEAM PERSONNEL CONSULTANCY LTD.
Assistant Merchandising Manager / Merchandising Manager
Permanent · CLEARWATER
BESTEAM PERSONNEL CONSULTANCY LTD.
Retail Operations Manager (Station in Kuala Lumpur, Malaysia)
Permanent · CLEARWATER
BESTEAM PERSONNEL CONSULTANCY LTD.
Assistant Visual Merchandising Manager
Permanent · CLEARWATER
BESTEAM PERSONNEL CONSULTANCY LTD.
Sales Director
Permanent · CLEARWATER
By
Reuters API
Published
Aug 5, 2021
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Adidas hikes outlook despite hit to China sales

By
Reuters API
Published
Aug 5, 2021

German sportswear company Adidas raised its outlook for full-year sales and profitability as demand soared in most of the world but took a hit in China where Western brands faced a boycott of their products in late March.


Reuters



Adidas said its confidence was underlined by the planned launch of products such as new versions of its popular NMD sneakers, as well as sports events like the Olympics and the start of the club soccer season in Europe.

Second-quarter sales soared 52% to €5.077 billion ($6.01 billion), while operating profit came in at €543 million, beating analysts' average forecasts for €4.97 billion and €458 million respectively.

Adidas now expects 2021 sales to grow up to 20%, compared to a previous forecast for a "high-teens percentage rate", and for net income from continuing operations to reach €1.4-1.5 billion euros, up from a previous €1.25-1.45 billion.

Currency-neutral sales almost doubled in North America and Europe, Middle East and North Africa in the quarter, but fell 16% in Greater China, in part because the region saw a strong recovery a year ago as it emerged from coronavirus lockdown.

Western brands including Adidas faced online attacks in China in late March over past statements saying they would not source cotton from Xinjiang after reports of human rights abuses against Uyghur Muslims. Beijing denies any such abuses.

Adidas said in May it had initially seen a steep drop in demand in China but sales had since recovered slowly but steadily. It did not comment on the tension on Thursday, beyond referring to the "geopolitical situation".

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