1. Adidas Investors Seek Influence on Supervisory Board

    Adidas Investors Seek Influence on Supervisory Board

    FUERTH, Germany (Reuters) - Adidas shareholders elected Egyptian tycoon Nassef Sawiris and a representative of Belgium's richest man Albert Frere to the supervisory board on Thursday after both took significant stakes in the German sportswear group.

    Frere and Sawiris, along with U.S. investor Mason Hawkins, bought major stakes in Adidas last year after shares in the firm had tumbled following a series of profit warnings as it failed to keep pace with bigger U.S. rival Nike...

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    1. The weakness is still the margin... the competition shows how it should be done. Adidas is still a world away from Nike.
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