Kasper Rorsted news and archive

Adidas chief executive Kasper Rorsted to leave role in 2023

German sportswear giant Adidas has confirmed that chief executive officer Kasper Rorsted will stand down from his role next year, with the search for a new successor already underway. In a statement, the Adidas Supervisory Board said it “mutually agreed” with Rorsted that he would hand over the CEO position in 2023, a position he has held since...

Fashion

Adidas extends CEO Kasper Rorsted's contract by five years

Adidas AG has extended the appointment of Chief Executive Officer Kasper Rorsted by another five years until July 31, 2026. Rorsted has been a member of the Adidas executive board since August 2016, and the company’s Chief Executive Officer since October 2016. “Kasper Rorsted has driven the implementation of our long-term strategy ‘Creating the...

Fashion

Adidas CEO calls for People's Vote on Brexit

The CEO of Adidas, Kasper Rorsted, has voiced his concern about the damaging impact of Brexit on the European economy, and has urged British lawmakers to call for a second referendum. “Europe is about 30 percent of our business. We’re getting most or entirely all of our growth outside Europe,” Rorsted said in an interview with CNBC on Tuesday. “...