adidas will pledge 1% of its global net sales from footballs to Common Goal until 2023. The social movement, which was founded in 2017 when Manchester United’s Juan Mata committed to pledge 1% of his salary to a collective fund, uses football to create a better and more inclusive future for young people.

adidas is investing 3 million euros in Spinnova, a Finnish sustainable textile company that makes textile fiber out of wood or agricultural waste. The company aims to make cellulose-based materials cost-efficient, environmentally friendly, and a preferred manufacturing option for brands.

Beyoncé‘s IVY PARK and adidas have joined forces for a summertime swimwear capsule dubbed “FLEX PARK”. Beyonce’s first venture into the swimwear market, the collection aims to celebrate “confident self-expression and individuality.