PARIS — As the London 2012 Olympic Games continue in full swing, Adidas AG, the event’s official sportswear partner, raised its profit forecast for the year.
The Herzogenaurach, Germany-based company on Thursday reported a 17.9 percent increase in second-quarter net profits to 165 million euros, or $212 million. Driven by double-digit sales increases in retail and other businesses, group revenues in the three months ended June 30 rose 14.8 percent to 3.52 billion euros, or $4.52 billion.
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"