Citing weak economic conditions, Adidas AG said it eliminated about 310 jobs at its Reebok subsidiary in North and Latin America.
The bulk of this week’s pink slips — 100 positions — were at the corporate headquarters in Canton, Mass., where 1,100 employees remain. The brand also cut 65 jobs in its Indianapolis office, which specializes in sports licensing, and 60 jobs in its Montreal outpost, housing Reebok Canada and Reebok CCM Hockey. More layoffs were made at other facilities.
Reebok employs 8,500 people worldwide.
“With the current economic conditions and the realities of our business, we have taken the necessary steps to bring our cost structure in line with our 2009 targets,” said Ulrich Becker, president and chief executive officer of Reebok International. “This is a difficult day for all of us.”
The brand does not anticipate more job cuts this year, but it is taking a wait-and-see approach, a Reebok spokesman said.
Most of the employees “come from sales, operations and marketing in our office in Canton, Mass.,” said Kirsten Keck, corporate public relations manager for Adidas AG.
Adidas said the move was “an inevitable step” in making the Reebok organization leaner, more flexible and more profitable.
The German sportswear label has a global workforce of 37,000 and aims for that to remain stable in the year ahead, the Reebok spokesman said.
Adidas AG this week reduced the workforce at the headquarters of its TaylorMade unit in Carlsbad, Calif., by 70 people.
Portland, Ore.-based Adidas America last spring cut 25 staffers when the credit service and customer service departments were relocated to Spartanburg, S.C., where the company recently expanded a distribution center for apparel and is putting the finishing touches on one for footwear. Adidas executives have been busy interviewing job candidates, said David Cordeau, president and ceo of the Spartanburg Chamber of Commerce.
The annual Veuve Clicquot Polo Classic in Pacific Palisades this weekend drew Kate Hudson, Tracee Ellis Ross, Laura Dern and more. See pictures of the star-studded event on WWD.com. (📷: @chelsealaurenla) #wwdeye
In his new book “Hollywood Royale,” Andy Warhol’s Protégé Matthew Rolston celebrates the Eighties revival of Hollywood glamour. Featuring more than 100 portraits taken by Rolston from 1977 to 1993, the book contains photos of icons like Michael Jackson, Cyndi Lauper, and @drewbarrymore, pictured here in 1991. “Hollywood Royale,” out today, will be accompanied by an exhibition opening at Los Angeles’ Fahey/Klein Gallery on March 1. #wwdeye
"Nowadays when life is not so happy with everything going on in the world, I think people come to me for a little bit of whimsy and color and fun." - Designer Rebecca De Ravenel on her cult-favorite jewelry line. (📸 : @vsteves) #wwd40
“Everyone is talking about how the retail industry is struggling, but I think it’s an incredible time because brands who are doing something different and innovative are setting themselves up for the future,” said @adamgoldston, who founded the luxury athletic brand @apl with his brother @ryangoldsten. The Goldston’s are part of WWD’s 40 under 40: a group of industry notables. See the rest of the list on WWD.com. (📷: @vsteves) #wwd40
@eyeswoon blogger Athena Calderone debuted her first-ever cookbook, “Cook Beautiful,” which is heavily centered on the presentation and visual expression of food. Pictured here are her miso glazed carrots from the book. Get the recipe on WWD.com. (📷: @johnny_miller_) #wwdeye
“It’s passion that helps get anybody to a certain point and it’s what’s propelled me,” said Kith founder @ronniefieg, one of WWD’s 40 under 40: a group of industry notables who are changing the face of retail, fashion and beauty. Fieg, who opened a Manhattan flagship on October 7, began his career at age 13 as a stock boy and salesman for footwear chain David Z. “I think staying true to [my] beliefs, hard work and passion have gotten me to where [Kith] is today.” See the rest of the 40 at WWD.com. (📷: @vsteves) #wwd40
25-year-old @samweaving is about to break out this fall, starring in Netflix’s horror film “The Babysitter,” fittingly out today on Friday the 13th. That’s not the only place you’ll be seeing her, though — Weaving’s got a role Showtime’s “SMILF” and another alongside Frances McDormand and Woody Harrelson in “Three Billboards Outside Ebbing, Missouri.” Though she’s got a full plate at the moment, there’s one role she’s got her eye on: Marilyn Monroe. “I’m a little too young at the moment, but it’s on my bucket list,” the actress told WWD (📷: @dandoperalski) #wwdeye
BFF's Poppy Jamie and Suki Waterhouse celebrated the launch of their bag line Pop x Suki at Nordstrom last night. "The line is really about our friendship, and how we are so different but complement each other," said Waterhouse. 👯 (📷: Katie Jones) #wwdeye
After designing the new @louisvuitton and @bulgariofficial flagships and a @chanelofficial boutique opening in Japan, @petermarinoarchitect has another project on his plate: The Lobster Club. Located in the Seagram Building, it’s the famed architect’s first restaurant project in New York, serving up modern Japanese brasserie-style cuisine. Bronze hues, bespoke material detailing, blush and chartreuse tones and a heavy emphasis on Picasso can be seen throughout. Mark your calendars for Nov. 1 for the much-anticipated opening. (📷: @clint_spaulding) #wwdeye