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adidas AG (0OLD.IL)

IOB - IOB Delayed price. Currency in EUR
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226.90-5.80 (-2.49%)
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  • Simply Wall St.

    Exploring Three German Exchange Stocks Estimated To Trade At Intrinsic Discounts Ranging From 33.5% To 44%

    Amid a generally positive week for European markets, with Germany's DAX index climbing 1.48%, investors are turning their attention to potential opportunities within undervalued stocks. In this context, identifying stocks that trade below their intrinsic value could be particularly compelling, especially when considering the broader market's upward trajectory and current economic indicators.

  • Reuters

    Adidas and Thom Browne fight in UK court over striped trademarks

    Athletic wear giant Adidas and fashion house Thom Browne resumed their legal battle on Wednesday, with London's High Court hearing the latest round of a global dispute focused on their competing striped trademarks. New York designer Thom Browne, who regularly uses a four-bar stripe pattern, sued Adidas in London in 2021 to revoke several trademarks featuring Adidas' iconic three-stripe motif. Thom Browne, which changed from a three-bar pattern in 2007 after Adidas complained, argues Adidas is effectively trying to establish a monopoly on the use of stripes on clothes.


    Adidas gains after strong Q2, raised full-year guidance

    Adidas (OTC:ADDYY) stock rose Wednesday after the German sportswear giant lifted its full-year guidance for the second time this year, having posted strong second-quarter numbers earlier this week. At 07:55 ET (11:55 GMT), Adidas stock rose 2.8% to €235, up almost 28% year-to-date. Operating profit for 2024 is now forecast at around €1 billion (€1 = $1.0936), up from previous guidance of around E700 million and double its expectations earlier this year, Adidas said.