Latest news with #StanSmith
Fashion United
7 hours ago
- Business
- Fashion United
Adidas business continues to perform well
Adidas is currently on a roll. The brand with the three stripes is enjoying consistently high demand. Sales are increasing by double digits despite the current challenging environment. Adidas is particularly successful with its retro styles. "Samba, Gazelle" and "Stan Smith" are bestsellers worldwide. The first quarter performed better than expected. However, US customs policy prevented CEO Bjorn Gulden from following previous trends and raising his forecast for the current year. Company expectations For 2025, Adidas continues to expect a currency-neutral increase in sales in the high single-digit percentage range. The Adidas brand is expected to grow by double digits. Operating profit should increase to between 1.7 and 1.8 billion euros, up from 1.3 billion euros in the previous year. In the second quarter, US tariffs are likely to have only a minor impact on US business. However, this impact is expected in the following quarter, Gulden recently announced. The Nike rival generates about 20 percent of its business in the US. Above all, tariffs on key manufacturing countries such as Vietnam and China are likely to drive up costs. New statements are therefore expected on how Adidas will react to this. This was still open at the presentation of the figures for the first quarter at the end of April. However, Gulden did not rule out price increases. Analyst expectations Analysts are positive. Jorg Philipp Frey of Warburg Research anticipates another strong quarter with strong brand momentum and double-digit percentage growth. The margin improvements in recent quarters have reduced the risks for the outlook. Adam Cochrane of Deutsche Bank sees a chance that Adidas could again exceed expectations and become more optimistic looking ahead. Baader Bank expert Volker Bosse was somewhat more cautious. He refers to the US tariffs. The trade agreement between the US and Vietnam is likely to increase costs for Adidas and ultimately sales prices in the US. This could depress sales there. Thanks to the great popularity of the Adidas brand, the lifestyle group is likely to achieve its financial targets, he estimates. Aneesha Sherman of the US analysis firm Bernstein also noted that the growth of sporting goods manufacturers in China is likely to remain subdued. In a consensus provided by the news agency Bloomberg, analysts expect sales to increase to an average of 6.2 billion euros, up from 5.8 billion in the previous year. The operating result is likely to improve to around 503 million euros. Here, analysts are above Adidas' forecast for 2025, with an estimate of around two billion euros.
Fibre2Fashion
04-07-2025
- Entertainment
- Fibre2Fashion
Germany's Adidas Originals, CLOT redefine sport style with summer drop
adidas Originals and Edison Chen continue their groundbreaking partnership with the release of a new collaborative collection of footwear, apparel and accessories - marking a bold evolution from traditional design to redefining the ideas of heritage, sport, and lifestyle, including a reimagined CLOT Stan Smith Espadrille and a unisex collection of club-ready apparel. In a new campaign to coincide with the collection, the tennis icon Stan Smith and CLOT Creative Director Edison Chen join South Korean actress and model Hoyeon, British artist and skateboarder Blondey, awarded F1 driver George Russell, and social personality and model Jashlem. Set against the backdrop of a country club that is at first glance pristine and traditional; rules are instead rewritten and not followed. From playful styling to surreal portrayals, the setting is subtly subverted to reflect a youthful energy and creative irreverence to the norm. The result is a reinterpretation of legacy codes through an unexpected, bold, and uniquely CLOT lens, with a nod to the heritage of adidas Originals. Adidas Originals and Edison Chen have unveiled a bold new collection blending heritage with streetwear, highlighted by the reimagined CLOT Stan Smith Espadrille. Fusing tradition and rebellion, the footwear features espadrille soles and intricate detailing in both white and black. Unisex club-ready apparel echoes varsity nostalgia with modern twists. "The Stan Smith is a silhouette I wanted to explore from the very beginning of our partnership," said Edison Chen, founder of CLOT . "Integrating an espadrille sole into such a legendary sneaker was a unique challenge, but it opened up new creative possibilities that reflect the spirit of both tradition and rebellion." The new CLOT Stan Smith espadrille sees the Stan Smith, named after the tennis legend, himself, undergo a transformative design process reflecting Edison Chen's evolved philosophy of cultural fusion, one that speaks through material choice rather than overt symbolism. An espadrille sole represents a masterful deconstruction of the iconic tennis silhouette, reimagining it through the lens of seasonal craftsmanship and contemporary streetwear sensibilities. A classic white version features a pristine deconstructed upper paired with a traditional espadrille sole, enhanced by intricate embroidery details that add texture and visual interest, while a black iteration pushes material boundaries through its use of a synthetic jute-inspired construction, addressing the practical challenges of dyeing natural fibers while maintaining the authentic espadrille aesthetic. This version features the same deconstructed upper philosophy, elevated by a distinctive chenille heel mustache detail that adds tactile richness and visual contrast. Both colorways feature CLOT and Stan Smith branding on the heel tabs, providing a subtle nod to the collaboration's prestigious lineage. The apparel offering includes cotton crocheted vest and striped polos with matching fringed shorts and a tailored camp shirt with subtle lace embroidery over the classic adidas three-stripes. A palette of forest green, cream, chocolate brown, and subtle hints of maroon and gold evoke varsity nostalgia while offering a fresh take on athletic-inspired silhouettes. This highly anticipated release reflects Edison Chen's mission to bridge East and West, old and new, and bring to life a new take on rich sporting heritage. Note: The headline, insights, and image of this press release may have been refined by the Fibre2Fashion staff; the rest of the content remains unchanged. Fibre2Fashion News Desk (RM)
BBC News
03-07-2025
- Automotive
- BBC News
Prestbury car park back on market after controversial sale
A former council car park is back on the market, for more than double the price it was sold for, as a plot with planning permission for a 1,000 people signed a petition to keep Idsall Drive car park in Prestbury in 2024 but Cheltenham Borough Council decided to sell it for £282,500 because it was "surplus to requirements" and cost £4,000 a year to Gillman has secured planning permission for a five-bedroom self-build property on the site, which is now on the market for £600, Stan Smith said parking had been a problem after the closure of the car park with residents "fuming over the chaos it has caused". Smith said the parking situation was set to get worse after proposals for double yellow lines in the to the Local Democracy Reporting Service, the proposals include Mill Street, Linden Avenue and The said the council "rode roughshod" over the petition to keep the car park and did not listen to concerns over the proposed new property."It's chaos in there now. Residents are fuming. People are parking on the bank by the war memorial opposite the Idsall Drive car park," he said."If they put double yellow lines on the road, where are people going to park then?"Nobody has thought this out. The council just doesn't care," he added. A council spokesperson said: "Taking into account the market at the time, along with planning and other costs and risks, the council is satisfied that it secured best consideration for the local taxpayer."The sale also removed the financial liability of ownership, allowing those savings to be diverted into front line services."The purchaser has since obtained planning consent for a single self-build dwelling, meaning that the future owner must live in the property for a minimum period of time."
Daily Mirror
26-06-2025
- Sport
- Daily Mirror
Wimbledon boycott - Controversial call that saw 81 players snub 1973 tournament
The main draw at Wimbledon in 1973 looked a lot different to usual as 81 players - including Stan Smith and Arthur Ashe - boycotted over a Davis Cup decision that split the sport Wimbledon is perhaps the centre of the tennis calendar, but 52 years ago in 1973 the sport's biggest names boycotted the All England Club. Eighty one elite stars including defending champion Stan Smith all said no over a dispute that centred on a player being banned from the Davis Cup. As well as Smith, Rod Laver - arguably the greatest player in history - and Arthur Ashe - after whom the US Open's main court is named after - also bypassed Wimbledon. The build-up to the tournament was dominated by the 'will they, won't they' saga, but those in charge never believed for one second that the sport's leading lights would miss out on Wimbledon - they were wrong. Tennis was still divided by the fact some players had turned professional five years earlier, whilst some remain amateur. The recently formed players' union, the ATP, threatened to boycott Wimbledon when Yugoslavian player Nikki Pilic was banned by his country's tennis federation for refusing to play in a Davis Cup match. Not only did he get a ban from his own federation, run by his own uncle, but the International Lawn Tennis Federation (now the ITF) banned him for six weeks, knowing full well it would take him right into the middle of Wimbledon. The ATP were ready to back one of their own players in Pilic. Their board, comprising Smith, Ashe and fellow American player Jim McManus, Britons Mark Cox and John Barrett, chief executive Jack Kramer and president Cliff Drysdale met in a Mayfair hotel to vote on whether to boycott. This was the day before the Wimbledon draw was due to be made. Cox and Barrett stayed loyal to Wimbledon and Smith voted not to boycott but Ashe, McManus and Kramer voted for. Drysdale therefore had the casting vote and he abstained. But by abstaining it meant the vote remained deadlocked 3-3 and, under ATP rules, the motion had to be carried. The decision to boycott was relaid to Captain Mike Gibson, who had just done the draw but had to rip it up because 81 players had backed out of playing at Wimbledon. The tournament had to quickly put together a new field which was filled up mainly of Europeans, whose federations did not allow them to be ATP members. A number of young players would also feature with the draw now including a 17-year-old Bjorn Borg, who would win Wimbledon five times. Three ATP members broke ranks - British number one Roger Taylor among them. Romanian Ilie Nastase, who would go on to win two Grand Slams and remains a divisive figure, also played. As did Australian Ray Kelbie, because he said he could not afford not to play. Taylor found himself between a rock and a hard place. His father was a union man and urged him not to play, but there was a huge media pressure to turn up at his home event. He played, but it made him hugely unpopular in the dressing rooms afterwards. The winner of the 1973 Wimbledon of course goes down in the history books. His name is there champions' wall inside Centre Court with Czech Jan Kodes the man to emerge triumphant, beating Russia 's Alex Metreveli in three sets for the title.
Hypebeast
23-06-2025
- Entertainment
- Hypebeast
adidas Originals 攜手陳冠希推出 CLOT Stan Smith Beaded 最新聯名鞋款
adidas Originals與陳冠希共同開啟合作新篇章，推出最新聯名鞋款 ——CLOTStan Smith Beaded by Edison Chen。雙方致力以突破性的設計語言，打破運動與時尚領域中的規則與界限。 此次合作中，陳冠希以經典Stan Smith鞋型為創作基礎，注入東西方文化交融的前衛美學視角。鞋面以標誌性的串珠元素作為裝飾，為這雙網壇傳奇鞋款帶來融合奢華質感與藝術氣息的全新詮釋，展現細膩的手工細節與打破文化傳統的叛逆精神。 本系列宣傳廣告以「鄉村俱樂部」——象徵傳統菁英主義與禮儀規範的場域為背景，邀請陳冠希與演員鄭浩妍共同演繹，挑戰關於身份與制度的既定框架。在這裡，鞋款化身為個性表達的媒介，讓自信、創意與態度激盪出嶄新能量。此次合作不僅體現了陳冠希以時尚作為文化橋樑的理念，更再次印證傳統與未來能於設計中共存交融，在全球視野中激起深層共鳴。 此聯名系列預計於 6 月 21 日正式發售。 >墨西哥運動品牌 Hermanos Koumori 推出 adidas UltraBOOST 5 全新聯名跑鞋系列 >Dr. Martens 正式推出 Adrian Loafers 日本獨家系列
