Sell Yeezy inventory to close the financial gap of meritocracy has caused. BLM don’t matter, minority employees don’t matter. Money matters. Period. No longer does “sport have the power to change lives”. It’s profit over people. — read more
It has become depressing to work here
I can hardly concentrate on work lately and I want to leave more than ever. Maybe it's just me, but I think that a lot of people feel that Adidas has become a very depressing workplace. Do you agree?
So doubling down on -20% = ???
"Sales in the Greater China region dropped by 9.4% on the quarter, and North America suffered nearly a 20% drop." "If the company decides to not sell the leftover... — read more
Adidas sued by investors over Kanye West deal!
https://www.bbc.com/news/business-65441303 Adidas is being sued by investors who claim the firm knew about Kanye West's problematic behaviour years before it ended their partnership. Investors allege Adidas failed to limit financial losses and take... — read more
Another side of the NCAA College Basketball Bribery Case...
For anyone around for the 2017 investigation, this is a must read. Looking forward to reading Merl Code's Book "Black Market". https://www.latimes.com/california/story/2023-03-09/fbi-agent-ncaa-basketball-corruption-investigation-las-vegas Also... — read more
Destroying the brand
I don't like the way this company is being run now. Does it seem to you that the leadership is unfortunately destroying the brand with its actions?
No other way to say it - This is going to hurt: https://example.com/47nvsstn
"...the company expects to end 2023 with its first annual operating loss in 30 years, of perhaps €700m..." Given the long and well-known history of the company's past down-turns - (long-time employees saw the writing on the wall immediately) - this... — read more
Soft firing in Germany
An employee is neither given an increment (inflation is 10%) nor a bonus (the top level gets 50% and low level get 25%). One cannot move from one VP to another even if there is a position. If some leaves the company in Germany the job is opened in... — read more
Too many VPs.
The Executive Board Member HR has 24+ VPs and SVPs reporting to her. These many VPs for managing 55000 employees. What a joke of a company!
I was finally able to quit
Adidas is an absolute joke and I'm glad to be out of here! I'm so sick and tired of all the nepotism and politics that go on around here. If you're smart, you'll get out before this Titanic of a company sinks completely! If you have ANY prospects... — read more
Adidas lacks focus and marketing direction
Adidas hasn't got a lack of innovation. They have too many technical innovations! What they lack is focus and marketing direction. They also need the leadership to stick with one innovation story for many years while improving the... — read more
The Gulden Rule Era already Flawed
Copied from below. Totally agree that despite the turn around at puma, the “gulden era “ is doomed. Direct shot at Nike on innovation but adidas has been stale for close to a decade. The post below spells it out clearly. Pasted all credit... — read more
70 people laid off at Sports Apps
adidas Runtastic sports apps: 70 jobs across marketing, HR, agile and many, many in engineering cut yesterday. Employees were addressed by Scott Z, the Runtastic CEO and HR. Everyone was told during the call to wait for an email within the next... — read more
Ask the management
Someone mentioned ask the management. And rightly so. Many of the topics discussed here should go to an internal forum such as the defunct ask the management. Why was it closed? It wasn’t perfect but it had many great things that are lacking with the... — read more
A quick look at the competition
Adidas is always compared to its big rival Nike. But Gulden took issue with criticisms that adidas is not innovating enough in its performance business. He highlighted adidas' new AdiZero running shoes and "Predator" soccer cleats. "The... — read more
Adidas cuts announced today for Swiss and Dutch team
Most of the cut positions will be transferred to the new Porto office.
Employee Listening Survey
We will complete it. But will they listen? Magic eight ball says doubtful.
It’s All About The Dollarzz YE Not ME or U
Clearly we about to get back in denial with Kayne West to get the cake. The brand cared for about an entire fiscal quarter. The brand doesn’t care about you if you are black, white, g-y and straight it’s all about the money. The green. A... — read more
What’s happening with FOG partnership?
Since the announcement of his partnership w/adi, JL has gone on to release multiple collaborations and releases with his and other brands and most recently with Birkenstock which seems to be going well. First quarter ‘23 FOG release was promised... — read more
Mass exodus of female leadership
Is anyone paying attention to what is happening with women at senior leadership positions? Something like 5 Women VP and SVP level resignations since Christmas with minimal communication. Meanwhile, the boys club flourishes.
This is our main issue
Product marketing, comms and sales need to get something done and their team aligned. Its hard to watch from a Product Development perspective sometimes. The late decision making on designs, the focus on the wrong products, the wrong product... — read more
redundancies on the cards ?
I’m getting worried about the state of the company with all these profit warnings, hiring freezes and reduced bonus. Share price also took a big hit last week. Where do we see it going from here? I’m in sales and sales have been poor for months, we... — read more
Look in the mirror. Stop spending on pet projects
Ever single dollar you spend on a project or item, requires nearly $25 of sales to support that spend. So many pet projects that have zero ROI on actually helping sell more product. Did you really need a huge video wall in gold? Did you really... — read more
So it did not matter if I've worked my a-s off this year to help shoveling this company out of its management misery. It won't be reflected in the 25% bonus, is this correct?
A Senior Director with a history of being let go from EACH previous employer, and an apparel director with no relevant experience or team leading experience; Walk into a bar (new office).
PDX TO LA ROUND II
Any bets if this BU will be set up for success any better than the last ? Remind, anyone, what the point or advantage of LA relocated office?
It’s like a mystery drama. We like the USA but not US sports
Soon enough jobs will be lost and it won’t matter what I say. My job eliminated or reimagined to align with some mysterious global “me” non Olympic sport. Perhaps pub darts or something individual vomit induced inclusive shadow of glory. Looking... — read more
and how about the Norwegian?
I am no fool - there is a HUGE battle ahead. And of course one new leader is not going to fix everything. And he will need some time to adjust to the very different size of our business. We will have to be a bit more patient…. However….Can we take... — read more
Consolidating Canadian and U.S. operations
[ https://sgbonline.com/report-adidas-to-merge-canadian-and-u-s-operations/ ] - I hope that not too many jobs will be shed during this consolidation!? I left earlier because I no longer liked how this company treats its employees, nor in which... — read more
amsterdam hiring freeze
what the he-l is going on in amsterdam? so many people left digital and more people are leaving. no hiring. we cannot secure the ones we already have here. is it just amsterdam sinking?
There are still loyal and talented employees here
What motivates talented employees to remain loyal to this company even though they can get much better jobs elsewhere, I really don't know. However, it is only a matter of time before they leave. The question is why is Adidas not doing anything to... — read more
Comparison to Southwest
Saw this thread on twitter and I thought parts of it rang true for adidas: https://twitter.com/mikesington/status/1608932204784287746?s=12&t=UqYLg0dDbjZ1-8xviyprQg Happy New Year, and here‘s hoping that Bjorn can execute the necessary turnaround. — read more
The Mckinseyfication of adidas
It's no secret that the sporting goods brand adidas has been struggling in recent years. While the company's outgoing CEO, Kasper Rorsted, has received much of the blame for adidas's declining share price, it's important to consider the role that... — read more
WHAT is happening in Brand Or-a…?
SVPs dropping like flies…. First VF leaves Marketing, and now NG leaves Merchandising. Several surprises at the end of the year! Can anyone shed some light for those of us sitting in other functions?
At this point, the question becomes, who is sticking around, (especially pdx)...?
Any veteran employees who have seen some s#$t still thinking, sure I'll stick around for what's coming...? I want to weather some mid-layer layoffs or worse yet, decide which stellar fellow colleagues/reports will be laid off, and then wait around... — read more
He’s damaged our brand enough
Reposting from a different thread. Moving Martn Shanklnd out of the organization would be the biggest sign the new CEO could make of change! This guy represents the Danes leadership regime. Mean and angry, lacks any compassion for our people or his... — read more
When will the loss of staff be stopped?
December 2022: Even after KR left the company, the restructuring continues. When will the loss of staff be stopped, especially in the lower levels. These people are loyal and passionated. They are the backbone for success and keep the business... — read more
Wrong decisions that damaged the brand?
I am increasingly dissatisfied with the way Adidas is managed. I've been here for a long time and maybe that's the reason why I still care. Actually, I think that employees in general care more about the company and the brand than does the... — read more
The canary’s have left the mine
I started ab 1 yr ago. Immediately I knew something was wrong. I was surrounded by 90% green employees and management was non-existent. When I interviewed to relocate from across the globe, I was intrigued by the project of JL and promised a new... — read more
They just blab on and on and say nothing
I despise it. Management constantly blabs their mouth without saying anything concrete. How do they plan to bring this company back into the game? Is that even possible anymore? What does the leadership actually do to make that happen? It's sad to... — read more