What about the share price increase today? It jumped 5%, without earnings results. What happened ? Will we see 220 this year again?
11 replies (most recent on top)
Neglected dtc
Stuff wholesale with stock
Scatter g-n every sport on the planet
Puma lessons to be learned
I’m not quite sure what to make of this. While BG presents himself as a down-to-earth and transparent leader, I’m not convinced his approach will make us a stronger company in the long run. There’s a clear difference between short-term financial performance and long-term brand value and what the brand ultimately stands for. It feels as though we’re chasing quick wins rather than investing in a sustainable growth strategy, and core values in upholding ethical business practices became second priority. We shouldn’t forget the roller-coaster period Puma went through during his tenure, and how the company’s performance declined after his departure. To me, that suggests he didn’t leave behind a fundamentally strong organization or team.
Currently crashing
Adi needs a serious mid towards long term strategy. Today it has a non existent but living in the past strategy.
With the likes of Vinted, the awareness on fast fashion, just limiting or blocking resellers on Amazon is not a strategy. BG is just applying an old playbook of copy cat ideas totally chaotic and not coherent.
The VLO while seeming a savings initiative shoes a start of a cost cutting spiral that can go out of hand if no new products come and no innovation.
But what can one expect from BG who just wants his bonus before pension? He will not care what happens afterwards and I suspect HO will have to pull a lot of financial rabbits out of his hat to make things look ok towards the shareholders. And as per basics accounting you can only do this for a short period of time before reality hits.
from all of the stocks you could own, are you guys seriously focused on adi? buy some, buy 100 other companies, jesus who cares... diversify
280 , 300? Sure? Put your life savings on it
Easy money ?
You assume no further disruptors in next two years, no consumer brand fatigue, no nike come back, tarrifs resolution
A lot of assumptions but throw the savings on it
Share price will see 280 within 2 year as apparel is far stronger then before, brand is stronger, sports categories have become relevant and lifestyle will expand beyond sambas. 340 in 3 years. PE of adidas is too low.
Football is now an official retro department
lack of creativity and innovation in certain areas for sure - originals keep regurgitating the old archive stuff being pretentious (it's not that complicated to copy 30-50 years old designs and change some colors here and there), being at the mercy of some tiktok trends (worked with Samba, don't think any new waves are coming). Y-3 keeps releasing basic boring stuff, to the point where it's hard to tell which collection is from which season... Terrex completely missed any wave it could ride, gorpcore times just straight up ignored that brand, Arcteryx does it a lot better...
So almost all areas seems like having no mid-long term strategy.. some weird mid collaborations and re-releases...
Cool shoes? That’s subjective but we look deeper….The volumes in the market are driven by old designs from the 70s based on a trend with women/Girls, Guys aren’t wearing adidas. Watch as the trends shift…..Nike learned what being dependent on those kind of models does.
I think this is largely why the investor community are apprehensive on adidas. That and the lack of an any sort of medium term strategy from BG and co to give them an idea there’s something in the pipeline besides shiny new objects that distract temporarily. This is something he’s been pressed on multiple times, which he deflects questions on like the pro he is.
Let’s see how the next 12 months goes….for my LTI sake!
Back to March 2018 levels
Great return of 0% if you held those 8 years. Down 30% ytd
Booming sales, and cool shoes don’t impress shareholders