Jan, 18 2016

Adidas to have Kasper Rorsted as CEO soon

Adidas has declared Kasper Rorsted as its new Chief Executive Officer. He will replace Herbert Hainer, who has led the brand since 2001 and is the longest-serving boss of a German blue-chip.

By Franchise India Bureau
Adidas to have Kasper Rorsted as CEO soon

The new CEO will join the Adidas management board on August 1 and take the helm on October 1.

The sportswear maker looks forward for a new beginning with the leadership change at the helm of affairs. Hainer's contract runs until March 2017, but he has come under fire as Adidas has lost market share to Nike, which made the sportswear maker board to say last February that it had started looking for a search for the post.

In India, the company is focusing on both offline and online formats to fuel its growth in the market here. It is expanding its operations pan-India at a fast pace.

Related: Skechers to double its stores via Franchising

Click Here to add Comment
Please add your Comment
Insta-Subscribe to
The Franchising World
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Sell Franchise 2017
Daily Newsletter

Submit your email address to receive the latest updates on news & host of opportunities.

Entrepreneur The Franchising World Retailer 2017

Newsletter Signup
Submit your email address to receive the latest updates on news & host of opportunities.
Franchise India Holdings Ltd

Copyright © 2009 - 2017 Franchise India Holdings Ltd.

The information contained herein is of generic nature only, and Franchise India is not, by means of this website or any part thereof, rendering professional advice or services. Before making any decision or taking any action that might affect your finances or business, you should consult a qualified professional advisor. Your use of this website or any of its pages or links given, is at your own risk and you assume full responsibility and risk of loss resulting from your usage. With respect to use of the website, kindly visit www.franchiseindia.com/terms.


Tell us what you think!