• Loading stock data...
Sunday, November 16, 2025
Want a chance to win $250 and free FOS gear? Take our quick reader survey. Take the survey here

HR Shake Up

Adidas Bag
Photo Credit: Ron Chenoy-USA TODAY Sports

Following employee complaints about the culture and lack of diversity at Adidas, the company’s global head of human resources Karen Parkin is stepping down.

In June, some Adidas employees questioned whether Parkin had addressed racial issues appropriately, sending a letter directly to the company’s supervisory board. The board rejected the statements made in the letter. In a meeting last year, Parkin said racism was “noise” that is only discussed in America, and that she didn’t believe the brand had an issue with racism, according to the Wall Street Journal.

In a memo to Adidas staff announcing her retirement, Parkin said she’s always worked against racism but recognizes “the focus on me has become a hindrance inhibiting the company from moving forward.”

Responding to employee criticisms that it was struggling with the issues of racism and discrimination, Adidas pledged $120 million for racial justice causes and Black communities in the U.S. The company also said it would support 50 university scholarships for Black students each year over the next five years, and that a minimum of 30% of all new positions at Reebok and Adidas in the U.S. would be filled with Black and Latino candidates.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Steph Curry and Under Armour Break Up After 12 Years

Curry will take his Curry Brand and signature logo with him.
Patrick Kraft
exclusive

Penn State, Adidas Deny Wrongdoing Around $300M Apparel Deal

The school and the brand publicly defended their 10-year deal Saturday.
Jul 17, 2025; Portrush, IRL; Jason Day hits a shot on the 18th hole during the first round of The 153rd Open Championship golf tournament at Royal Portrush.

Flashy Golf Apparel Brand Malbon Notches $28 Million Raise

Jason Day famously wore the brand at the last two Masters Tournaments.

Featured Today

Sailgating

‘Sailgating’: Inside Washington Football’s Tradition on the Water

The pregame experience can cost tens of thousands of dollars.
exclusive
November 13, 2025

Track CEO Charged With Child Rape Passed USATF-Ordered Background Check

The track world didn’t know about the charges for nearly a year.
TUCSON, ARIZ. -- Resurfacing and painting of the new floor at McKale Center.
November 9, 2025

The Business of College Basketball’s Signature Courts

Signature floors are a creative—and increasingly expensive—corner of college sports.
Aug 6, 2025; Sandy, UT, USA; Queretaro defender Edson Partida (22) watches the ball during the second half of the game against Real Salt Lake at America First Field
November 8, 2025

Mexican Soccer Is the Next Frontier for American Investors

Liga MX is an appealing proposition with big potential upside.
FIFA

Saudis Awarded 2034 World Cup in Uncontested Vote

Saudi Arabia was the only option after Australia decided not to bid.
May 20, 2024

Top Sports Business Jobs This Week (May 2024)

Each week, our staff combs through the thousands of job listings from…
The stands at the Solheim Cup
September 13, 2024

LPGA Apologizes for Solheim Cup Fan Bus Debacle That Left Stands Half-Empty

The USA-Europe women’s team golf event teed off Friday morning.
Sponsored

How HOKA is Reimagining the NIL Relationship

On Location is redefining the Olympic experience by creating lasting connections beyond the Games.
October 3, 2022

Real Madrid President Renews Call for Super League

Real Madrid’s president believes that soccer is losing ground.
August 10, 2022

PGA Tour Touts Projected Earnings to Keep Players

The PGA Tour is asking its players to consider their potential futures.
August 10, 2022

Bayern Munich to Make Growth Push in U.S. Market

Bayern Munich is looking to expand its reach in the U.S.
Nintendo-logo
August 3, 2022

Nintendo Profits Underwhelm, Switch Sales Decline

Nintendo failed to meet expectations in the company’s latest earnings report.