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The Adidas Speedfactory is up and running

Published 10/04/2017, 12:30 PM
© Reuters.  The Adidas Speedfactory is up and running
  • Adidas (DE:ADSGN) (OTCQX:ADDYY, OTCQX:ADDDF) announces that the first batch of shoes made from its Speedfactory facility will be sold on October 19.
  • The next-gen manufacturing site is expected to lead to supply chain improvements and lower costs.
  • A second Speedfactory, due to open soon in Atlanta, is planned to help meet demand in the U.S.
  • In a separate announcement, the company says that it formally completed the divestiture of the TaylorMade, Adams Golf and Ashworth golf brands to an affiliate of KPS Capital Partners.
  • Adidas press release
  • Now read: Adidas Still Has Room To Run


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