Adidas is discontinuing its training app Runtastic, according to German online magazine Business Insider. Adidas acquired the Austrian startup, which launched in 2009, in 2015. Scott Dunlap, CEO at Runtastic & VP mobile at Adidas, who was appointed to succeed co-founder and CEO Florian Gschwandtner at Runtastic in 2019, has to cut 70 of 250 jobs as a result. The restructuring affects people in all departments, according to LinkedIn posts.
The 18th annual ACSM American Fitness Index ranked 100 largest cities based on 35 indicators.
The closure affects 170 employees as part of the German company’s strategic shift to centralize digital operations.
Adidas has partnered with Geek+, a specialist in mobile robots for logistics, to announce the opening of its state-of-the-art automated distribution center in Suzhou, China. The 139,000-sqm fully automated warehouse and distribution center sets a new industry standard with its high level of speed and flexibility in warehouse logistics. It ...
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