citic resources holdings limited ( sehk : 1205 ) , a subsidiary of citic group in china , is an integrated provider of natural resources ( including petroleum , coal , metals ) particularly petroleum business .

in 2007 , citic resources paid us$ 1.15 billion for oil fields in kazakhstan and northeast china from its parent company , citic group .

this accelerated citic resources to transform from metal producer to oil producer .

it expects to be the fourth largest oil producer in china , following petrochina , sinopec and cnooc .

citic resources

citic limited is the largest shareholder with about a 60 % interest in citic resources .
citic resources holdings limited ( “ citic resources ” ) has been listed on the hong kong stock exchange since 1997 ( stock code : 1205 ) .
redemption and cancellation of us $ 1 , 000 , 000 , 000 6 . 75 % senior notes due 2014 issued by citic resources finance ( 2007 ) limited and unconditionally guaranteed by citic resources holdings limited
citic resources holdings limited is an investment holding company mainly engaged in the exploration and sale of natural resources . along with subsidiaries , the company operates its business through four segments . the aluminum smelting segment is engaged in the operation of the portland aluminium smelter ( pas ) , which sources . . . ( more )
principal activities of citic resources include the exploration , development and production of oil and coal , investments in manganese , bauxite mining , alumina refining and aluminium smelting , as well as the import and export of commodities .
continuing connected transactions - citic australia commodity trading pty . ltd . : results of special general meeting
offer to repurchase for cash by citic resources finance ( 2007 ) limited of up to us $ 200 , 000 , 000 in principal amount of the us $ 1 , 000 , 000 , 000 6 . 75 % senior notes due 2014
offer to repurchase for cash by citic resources finance ( 2007 ) limited of us $ 201 , 080 , 000 in principal amount of the us $ 1 , 000 , 000 , 000 6 . 75 % senior notes due 2014 : completion of the offer to repurchase
citic resources is an integrated provider of strategic natural resources and key commodities with particular focus on the energy sector . through a number of acquisitions in the past few years , the company and its subsidiaries ( collectively the
group
) have succeeded in expanding the business scope and building up a well - established operations in these industries with good partnership and collaboration with leading industry players , both within and outside china .
offer to repurchase for cash by citic resources finance ( 2007 ) limited of up to us $ 200 , 000 , 000 in principal amount of the us $ 1 , 000 , 000 , 000 6 . 75 % senior notes due 2014 : expiry of early tender deadline
offer to repurchase for cash by citic resources finance ( 2007 ) limited of up to us $ 200 , 000 , 000 in principal amount of the us $ 1 , 000 , 000 , 000 6 . 75 % senior notes due 2014 : increase in tender cap and expiry of offer to repurchase
proposed spin - off and separate listing of citic dameng holdings limited on the main board of the stock exchange of hong kong limited . cornerstone investor .
discloseable transaction - disposal of 7 % interest in coppabella and moorvale joint venture , termination of citic marketing agency agreement and acquisition of shares in macarthur coal limited . resumption of trading in shares .
completion of acquisition of a 51 % participating interest and grant of put option by citic seram in respect of a 2 . 5 % participating interest , both in the seram island non - bula block , indonesia
mr . wang yimin , aged 46 , joined in 2014 . he is the general manager of project management department of the company and was appointed an assistant to the chief executive officer of the company in may 2017 . mr . wang holds a bachelor of arts degree from the beijing foreign studies university . prior to joining the company , mr . wang was engaged in citic group . mr . wang has over 24 years’ experience in project management and natural resources industry .
citic resources holdings limited is an investment holding company mainly engaged in the exploration and sale of natural resources . along with subsidiaries , the company operates its business through four segments . the aluminum smelting segment is engaged in the operation of the portland aluminium smelter ( pas ) , which sources alumina and produces aluminum ingots in australia . the crude oil segment is engaged in the operation of oilfields and the sale of oil in indonesia and china . the import and export of commodities segment is engaged in the export of various commodity products , such as aluminum ingots , coal , iron ore , alumina and copper . it is also involved in the import of other commodity products and manufactured goods , such as steel , and vehicle and industrial batteries and tires in australia . the coal segment is engaged in the operation of coal mines and the sale of coal in australia .
citic dameng holdings limited , an associate of the company , which is in charge of the operation of manganese mining and the sale of refined manganese products in the people ' s republic of china as well as the exploration of manganese mining in gabon , western africa .
major transaction - deemed disposal in relation to the proposed spin - off and separate listing of citic dameng holdings limited on the main board of the stock exchange of hong kong limited . non - competition undertaking . adoption of the cdh share option scheme and closure of register of members
major transaction - deemed disposal in relation to the proposed spin - off and separate listing of citic dameng holdings limited on the main board of the stock exchange of hong kong limited . connected transaction - deed of tax indemnity to be issued in favour of the cdh group . despatch of circular .
mr . sun yang , aged 51 , joined in 2014 as an executive director and a vice chairman of the company . he is also a director of several subsidiaries of the company . he is responsible for the strategic and corporate development , management and operations of the group . mr . sun holds a master’s degree in management from renmin university of china . he is the president of citic kazakhstan llp , an independent director of jsc ab bank of china kazakhstan and a director of kbm . mr . sun has held senior positions in several subsidiaries of citic group since 1995 . mr . sun has over 11 years’ experience in the oil and gas industry .
our key focus going forward is to boost the development capability , profitability and risk resistance of its businesses while leveraging both on its parent ' s unique position in the chinese business world and on its witnessed abilities to further increase market penetration and strive for competitiveness . in a nutshell , we shall continuously strengthen our core business and identify new investment opportunities with a view to further enhancing the profitability and maximizing our shareholders’ value our businesses and interests in natural resources currently include :
mr . wang xinli , aged 47 , joined in 2012 as a vice president of the company . he is a director of a subsidiary and several joint ventures of the company . mr . wang holds a bachelor of accounting degree from the beijing institute of machinery . he is a qualified accountant of china . prior to joining the company , mr . wang was engaged in several subsidiaries of citic group . mr . wang has over 24 years’ experience in accounting and financial management aspects , especially in new project assessment .
mr . fan ren da , anthony , aged 57 , joined in 2000 as an independent non - executive director of the company . he is the chairman of the audit committee of the company and a member of the remuneration committee , nomination committee and the risk management committee of the company . mr . fan holds a master’s degree in business administration from the united states of america . he is the chairman and managing director of asialink capital limited . he is also an independent non - executive director of uni - president china holdings ltd . ( stock code : 220 ) , raymond industrial limited ( stock code : 229 ) , shanghai industrial urban development group limited ( stock code : 563 ) , china development bank international investment limited ( stock code : 1062 ) , technovator international limited ( stock code : 1206 ) , renhe commercial holdings company limited ( stock code : 1387 ) , cgn new energy holdings co . , ltd . ( stock code : 1811 ) , neo - neon holdings limited ( stock code : 1868 ) , hong kong resources holdings company limited ( stock code : 2882 ) and tenfu ( cayman ) holdings company limited ( stock code : 6868 ) , all listed on the main board of the stock exchange . mr . fan ceased to act as an independent non - executive director of lt commercial real estate limited ( stock code : 112 ) and guodian technology & environment group corporation limited ( stock code : 1296 ) in june 2017 and august 2017 respectively . he is also the president of the hong kong independent non - executive director association . mr . fan held senior positions with various international financial institutions .
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form of proxy for use at the annual general meeting to be held on friday , 22 june 2018 at 3 : 00 p . m . and at any adjournment thereof
form of proxy for use at the annual general meeting to be held on friday , 23 june 2017 at 3 : 00 p . m . and at any adjournment thereof
update on dispute in china with shanxi coal import & export co . , ltd .
form of proxy for use at the annual general meeting to be held on friday , 24 june 2016 at 3 : 00 p . m . and at any adjournment thereof
form of proxy for use at the annual general meeting to be held on friday , 26 june 2015 at 3 : 00 p . m . and at any adjournment thereof
form of proxy for use at the special general meeting to be held on friday , 27 june 2014 at 3 : 15 p . m . ( or , if later , immediately following the conclusion of the annual general meeting of the company convened pursuant to the notice of the company dated 1 april 2014 and to be held at 3 : 00 p . m . at the same location and on the same date as the special general meeting ) and at any adjournment thereof
form of proxy for use at the annual general meeting to be held on friday , 27 june 2014 at 3 : 00 p . m . and at any adjournment thereof
death of independent non - executive director rule 3 . 10a of the listing rules
form of proxy for use at the special general meeting to be held on friday , 6 december 2013 at 3 : 20 p . m . ( or , if later , immediately following the conclusion of the special general meeting of the company convened pursuant to the notice of the company dated 4 november 2013 and to be held at 3 : 00 p . m . at the same location and on the same date as the special general meeting ) and at any adjournment thereof
form of proxy for use at the special general meeting to be held on friday , 6 december 2013 at 3 : 00 p . m . and at any adjournment thereof
form of proxy for use at the annual general meeting to be held on friday , 28 june 2013 at 3 : 00 p . m . and at any adjournment thereof
form of proxy for use at the annual general meeting to be held on friday , 29 june 2012 at 3 : 00 p . m . and at any adjournment thereof
results of rights issue of 1 , 815 , 170 , 111 rights shares at hk $ 1 . 38 each on the basis of three ( 3 ) rights shares for every ( 10 ) shares held
second form of proxy for use at the annual general meeting to be held on wednesday , 22 june 2011 at 3 : 00 p . m . and at any adjournment thereof
proposed rights issue of 1 , 815 , 170 , 111 rights shares at hk $ 1 . 38 each on the basis of three ( 3 ) rights shares for every ten ( 10 ) shares held on the record date : commencement of dealings in the shares on an ex - rights basis
proposed rights issue of 1 , 815 , 170 , 111 rights shares at hk $ 1 . 38 each on the basis of three ( 3 ) rights shares for every ten ( 10 ) shares held on the record date , connected transaction and closure of books
form of proxy for use at the annual general meeting to be held on wednesday , 22 june 2011 at 3 : 00 p . m . and at any adjournment thereof
continuing connected transactions - guangxi guilin emm processing services agreement . completion of cdh subscription and jvco interest acquisition .
results of rights issue of 788 , 682 , 657 rights shares at hk $ 3 . 2 each on the basis of three ( 3 ) rights shares for every twenty ( 20 ) shares held
proposed rights issue of 788 , 682 , 657 rights shares at hk $ 3 . 2 each on the basis of three ( 3 ) rights shares for every twenty ( 20 ) shares held on the record date
increase in shareholding interest in the company by the temasek group and subscription for new shares by ellington investments pte . limited
discloseable transaction - conversion of participating interest in the kongnan block , dagang oil project into common shares of ivanhoe energy inc . and loan due from ivanhoe energy inc .
the portland aluminium smelter , in which the company has an indirect participating interests of 22 . 5 % , being one of the largest and most efficient aluminium smelting operations in the world ,
ms . li so mui , aged 63 , joined in 2000 as an executive director of the company . she was the company secretary of the company between august 2000 and march 2015 . she is also a director of several subsidiaries of the company . she is responsible for the financial management of the group . ms . li holds a master’s degree in business administration and is a fellow member of the association of chartered certified accountants , the hong kong institute of certified public accountants and the association of international accountants . ms . li has over 40 years’ experience in the accounting and banking field .
mr . gao pei ji , aged 70 , joined in 2011 as an independent non - executive director of the company . he is the chairman of the remuneration committee of the company and a member of the audit committee , nomination committee and the risk management committee of the company . mr . gao holds a ll . m . degree from the law school of university of california , berkeley . he has been admitted to practise law in china since 1984 . he is a foreign legal consultant to clifford chance , hong kong office . he is also an independent non - executive director of cgn mining company limited listed on the main board of the stock exchange ( stock code : 1164 ) . he was a partner of clifford chance between 1993 and 2007 . mr . gao has extensive and diversified experience in general practice , including banking and finance , direct investment , international trade , construction contracts , arbitration and litigation in relation to financial matters , and insolvency .
mr . cha johnathan jen wah , aged 52 , joined in 2005 as the general counsel of the company and has also been the company secretary of the company since april 2015 . he is a solicitor admitted in hong kong and in england and wales . mr . cha has over 27 years’ experience in mergers and acquisitions , corporate finance , regulatory and commercial work .
mr . chung ka fai , alan , aged 50 , joined in 1997 as the chief accountant of the company and was appointed an assistant to the chief executive officer of the company in may 2017 . he is a certified practising accountant of cpa australia . prior to joining the company , mr . chung worked for various multi - national companies . mr . chung has over 27 years’ experience in the accounting field .
mr . yang zaiyan , aged 59 , joined in 2009 as a vice president of the company . he is also a director of several subsidiaries of the company . he is responsible for the management , planning and development of the group’s oil investments and portfolio . mr . yang holds a bachelor of engineering degree from huadong petroleum institute and is a senior geologist . prior to joining the company , mr . yang was engaged in the cnpc and the sinochem group of companies . mr . yang has over 35 years’ experience in the oil and gas industry .
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* says entered into the heads of agreement with geo - jade and shanghai co . , pursuant to which the company , geo - jade and shanghai co . propose to undertake a reorganisation involving respective interests in tincy and bpl


the adidas _ 1 was a running shoe made by adidas , introduced in early 2005 .

it was the second general consumer sneaker to incorporate a computer ( adidas micropacer in 1984 was the first ) .

the shoe suffered reliability issues with many being sent back for repair , which initiated the introduction of an improved generation shortly after the release of the original shoes , which was called intelligence level 1.1 .

the shoe was later discontinued , and the official site urltoken now redirects users to adidas 's web page .

the shoe was later followed by the adidas _ 1 basketball shoe .

adidas 1

adidas men ' s 1 intelligence level 1 . 1 ( sz . 10 . 5 , black / silver / red )
adidas men ' s 1 intelligence level 1 . 1 ( sz . 13 . 0 , black / silver / red )
urltoken customer reviews : adidas men ' s 1 intelligence level 1 . 1 ( sz . 10 . 5 , black / silver / red )
see all details for adidas men ' s 1 intelligence level 1 . 1 ( sz . 10 . 5 , black / silver / red )
urltoken customer reviews : adidas men ' s 1 intelligence level 1 . 1 ( sz . 13 . 0 , black / silver / red )
see all details for adidas men ' s 1 intelligence level 1 . 1 ( sz . 13 . 0 , black / silver / red )
adidas _ 1 , the world’s first intelligent shoe , is already smarter . beginning november 25 , an upgraded version of the shoe will be available , called adidas _ 1 , intelligence level 1 . 1 urltoken .
adidas _ 1 , the world’s first intelligent shoe , is already smarter . beginning november 25 , an upgraded version of the shoe will be available , called adidas _ 1 , intelligence level 1 . 1 urltoken .
adidas ultra boost 1 . 0 2 . 0 3 . 0 and uncaged comparison
the new adidas _ 1 , intelligence level 1 . 1 will also be available in a range of colors , and the price remains at $ 250 and 250 euros .
2 ) conduct an innovation analysis of adidas 1 using table 7 - 3 as the basis . what insights does the innovation analysis provide into the failure of adidas 1 ?
interview / / inside the making of the adidas harden vol . 1 | nice kicks
the truth about being a top hs player . . . adidas nations training camp day 1 recap
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a first look at adidas originals ' boost - assisted p . o . d . - s3 . 1 sneaker
the revolutionary technology of the adidas _ 1 adapted itself in real time to find the right cushioning level , whatever the runner’s weight , surface or pace . the higher intelligence level 1 . 1 makes the shoe better , stronger and faster .
the adidas originals crazy 1 currently has no launch date , but stick with us for further info regarding its drop .
adidas mens shoe ( heel ) - adidas _ 772790 _ mens _ heel _ hi _ res . jpg
adidas women ' s shoe ( heel ) - adidas _ 467364 _ womens _ heel _ hi _ res . jpg
add to your cart for only $ 1 . 99 for the 1st year !
this project became an exercise in expressing the adidas brand in a refreshing way using simply the physical elements of a folder but also referencing the technology within the adidas 1 shoe . the three stripes on the front are not simply decorative representations of a well - know adidas device . they are magnetic strips that act as the closing device for the folder and reference magnets used as sensors in the adidas 1 shoe .
shoe review of the adidas 1 dlx runner . first shoe of its kind to have a sensor and microprocessor to adjust the cushion while running .
the adidas 1 , intelligence level 1 . 1 , shoe uses a sensor , a microprocessor and a motorized cable system to automatically adjust the shoes’ cushioning . this is how it works : a sensor under the heel measures compression and decides if the shoe is too soft or firm . this info goes to the microprocessor and adjusts the heel cushion while the shoe is in the air . a recent new update even increases the range of cushioning , meaning the shoe can become even softer or firmer . the new adidas 1 , intelligence level 1 . 1 , is available in a range of colors , and sells for $ 250 . ( pocket - lint )
5 ) is the serious runner a repeat purchaser or loyal committed customer ? explain and relate how this may have contributed to the failure of adidas 1 .
' s shoe phone . adidas hopes to resurrect the circuited shoe with the adidas _ 1 , the only shoe on the market that thinks about running more than you do . now updated with better software , the adidas _ 1
intelligence level 1 . 1
have sensors in the heels that measure the compressions when your foot hits the ground . the shoes adjust their stiffness appropriately by tightening or loosening a cables deep in the soles of the shoes . the idea is that a range of settings effectively crams the functionality of various types of sneakers into a single adjustable pair .
6 ) analyze the market for adidas 1 and their sensor technology as you move from the innovators to the early adopters to the mass market . in doing so :
in my ongoing quest for functional footwear , the adidas harden vol . 1 was a little different . the silhouette felt modern but a clean toebox kept everything simple . with the boost midsole offering a comfy invite , i took the harden vol . 1 out for a spin .
for the remaining questions , assume you have been hired by adidas to revive its adidas 1 and its related sensor technology . this time the company wants to avoid the mistakes of the past and move beyond a novelty technology to a mass - marketed item .
hello tomorrow ( adidas version ) by karen o . & squeak e . clean
back in 2006 , a $ 250 basketball shoe was a bit more of a stretch than it is now . adidas expanded their adidas _ 1 offering to the hardwood , where the computerized shoe was worn by tim duncan — to some , this may have seemed redundant .
the adidas _ 1 shoes certainly appeal , but they do have their drawbacks . the major one , apart from the price , is that due to the nature of the product , adidas advise you that the shoe is sensitive to moisture and dirt . the manual even goes on to say “do not use adidas _ 1 in excessively wet and muddy conditions as water and dirt may penetrate the electronic casing causing a system failure” - so no cross - country training there then .
adidas asked jog to develop a folder to support the launch of the adidas 1 shoe . the shoe was the first to use in - built technology to adapt to the runner during the run and adidas wanted something distinctive to hold the launch materials . the folder had to meet two key objectives . first it had to immediately strike the recipient as innovative and unique , building anticipation for product itself . secondly it had to create an instant and lasting connection to the adidas brand .
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men ' s adidas® _ 1 smart ride : : you ' re looking at what is truly the smartest running shoe on the planet : the men ' s adidas® _ 1 smart ride . as you run , your stride changes depending on the terrain and how long you ' re out there . that ' s where the men ' s adidas® _ 1 smart ride comes in . with a built - in central processing unit that monitors heel impact forces up to 4000 times per second , it actually adapts the physical cushioning properties to your running stride to give you the perfect amount of cushioning at any given moment . 13 . 4 oz .
he is banking on the foothold adidas ' s subsidiary reebok has in india to keep production and distribution costs low . he believes in india , the firm can sell its trainers for $ 1 and still make money .
with the introduction of the new adidas _ 1 , adidas is furthering its lead in the field of intelligent sporting goods . the adidas intelligence team has already doubled in size and is using cutting edge equipment to develop technologies that will reinvent the industry . “advances in electronics come very quickly , ” says adidas innovation team leader christian dibenedetto . “by using electronics in sporting goods , we are able to improve products ' capabilities quickly and keep moving forward . there is a lot of untapped potential in this field . ”
the first impression of the adidas _ 1 intelligence level 1 . 1 , to give its full name , is that it’s a bit “bling” . the latest technological advances obviously need a dazzle of white and gold according to the shoemaker and so that’s the colouring of the trainer - white and gold . it’s a bit in your face and even chavey , and to be honest , and unless you’re an extrovert , shy runners may feel the shoes will out - shine you .
if you’re looking to move away from tech - heavy basketball models but still need to euro - step around the haters , the adidas harden vol . 1 will have you doing all that with the finesse of the bearded one himself .
a full - length boost midsole pretty much guarantees that the adidas harden vol . 1 is a comfy shoe . however , don’t pick them up expecting ultraboost level bounce . these are meant for the basketball court and are thus tailored a little differently .
the shoes will sell at an unspecified premium price but adidas plans to lower the cost as the technology develops .
the designers of james harden ' s first signature shoe detail its creation in the new era of adidas basketball .
between the asymmetrical lacing system and the leather toe cap , the adidas harden vol . 1 presents a modern silhouette with some classic sentiment . the low cut also makes it an easy shoe to pair with jeans and an easy go - to in warmer weather .
adidas 1 was the first shoe to use inbuilt technology to constantly adapt to the runner and to running conditions . the shoe senses the level of compression in the heel during a run and adapts the strength of heel cushioning . adidas commissioned jog to design a series of materials for the press launch of the shoe , including an innovative brochure that communicates the shoe’s story in an appropriate and refreshing way .
it wasn’t the shot , but the contract heard around the world when adidas announced that they’d be signing james harden to an unprecedented 13 - year , $ 200 million deal to bring the dynamic houston rockets guard to the three stripes . a statement was made . clearly , “the bearded one” was a player that adidas wanted on their team , and one that they were poised to position as the new face of their entire basketball program . a year and two months later from that august 2015 announcement , adidas and harden are ready to prove just how serious their relationship is with the unveiling of his first signature shoe , the adidas harden vol . 1 .
relates to felt need above . it is not at all clear that alternative technologies involving non - electronic gear could yield the same advantages with a much lower price tag . also , weight is a key aspect for serious runners and adidas 1 was heavier enough to make them question the benefits .
the german sports giant believes the rise of india ' s 1 . 1 billion population , which is expected to surpass china as the world ' s largest in the next decade , is an opportunity to persuade aspirational indian villagers to trade their plastic chappals or flip - flops for one of the world ' s most iconic brands .
adidas sought to eliminate the compromise and deliver optimum shock damping - - and therefore comfort - - under all conditions . it took three years and a whole new technology to do it . what the company came up with is the
1 ,
the world ' s most technologically advanced shoe .
you can ' t really compare this to any other running shoe . this is the equivalent of a concept car for running shoes . a bit of history in the making . i ' ve ran them and they are surprisingly smooth , much better than the original adidas 1 disco shoe . . . !
when building the harden vol . 1 , adidas worked classic styling into the modern tech . the majority of the upper is built of a woven mesh , backed by a layer of nylon . these materials hug the midfoot and back to the heel , while an independent leather toe cap wraps the forefoot .
the $ 1 trainers will be the latest in a growing trend which increasingly sees the world ' s poor as a potentially lucrative market rather than a begging bowl for aid .
overall , i’m most impressed by how well - rounded this sneaker is . no particular feature is outstanding , but rather everything just works together well . between the functionality and a design that is sure to be a canvas for some hot colorways , i’m excited to see more from the adidas harden vol . 1 .
this video dates back to 2004 advertising the ' worlds first intelligent shoe
and uses the famous adidas slogan
intelligence is nothing
check out all adidas - urltoken link to urltoken below : http : / / www . urltoken ? cm _ mmc = yout . . .
kobe bryant is well known for his innovation with nike , but early fans of “the black mamba” will never forget his humble beginnings with adidas . the three stripes have recently revealed a lifestyle take on bryant’s nostalgic adidas kobe 1 . its makeover hosts premium materials throughout such as nubuck , leather and neoprene . its construction is something you may expect from adidas’s tubular line thanks to its thick midsole and minimal aesthetic . the model will make its debut in a choice of two colorways in black or grey . each iteration will be supported by contrasting colors of white as the aforementioned neoprene will serve as its inner lining .
adidas last month experimented with a pop - up store where customers could design a custom - fitted sweater and have it knitted in the store .
according to adidas , the microprocessor works by analysing your running style and terrain , then using the microprocessor changes the tension of the sole accordingly .
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the sports shoe firm adidas is to sell its trainers for less than a pound a pair throughout rural india to capitalise on the country ' s soaring population .
adidas , the 83 - year - old german sporting - goods maker , is about to turn that fantasy into biomechanical reality in the form of a running shoe for men and women . sleek and lightweight despite its battery - powered sensor , microprocessor and electric motor , the shoe , named 1 , is expected to be in stores by december and will cost $ 250 .
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late last night , adidas unveiled their game - changing version of digitally fabricated shoes in partnership with tech company , carbon . the futurecraft 4d running shoes combine carbon ' s digital light synthesis manufacturing process with footwear design knowledge from adidas ' futurecraft team . the result ? a sleek sneaker that ' s way more complicated than it appears :
a closeup shows adidas ' s 3d - printed plastic sole on display at a news conference in the northern bavarian town of herzogenaurach , near nuremberg march 3 , 2016 .
the cold , wet mess that has been nyc lately made a formidable field test for the adidas harden vol . 1 . i was a little afraid of how the traction would hold up against slick surfaces as the grooves are not so deeply sculpted into the outsole . surprisingly , the grip was fairly efficient but after subjecting them to the outdoor elements ( and some impromptu pickup games ) for several days , the rubber did show some wear .
late last year adidas sold a few hundred pairs of running shoes with soles made by regular 3d printing for $ 333 us but they were relatively rigid and heavy and took 10 hours to print .
it took a bit of wrangling , but we managed to score a pair of adidas 1 , those new running shoes that come with the 20mhz microprocessor built - in . we knew that reviewing these shoes would require some very serious sacrifices—namely , that we remove ourselves from our chair and actually do some exercise—but we couldn ' t resist finding out first - hand whether having a little computational power would make any difference in our , uh , daily workout .
adidas executive board global brands member eric liedtke holds the new futurecraft shoe , featuring a 3d - printed sole , at an unveiling event in new york city on april 6 . ( joe penney / reuters )
the latest creation , and the first to incorporate digital technology , is the 1 running shoe . outside the shoe ' s development group , which seldom grew beyond seven designers , engineers , researchers and testers , few people ever saw the shoes as they took shape .
launched by well - regarded researchers and funded with venture capital backed by chinese and u . s . pharmaceutical companies , it will sequence anyone’s genome for just $ 1 , 000 and interpret it , too . in 2017 , it started offering to sequence newborns in china .
adidas already lets people customize the colour and pattern of shoes ordered online , but new 3d printing methods will make small production runs , limited edition shoes and even soles designed to fit an individual ' s weight and gait economical .
adidas initially plans batches of shoes tailored to specific sports or cities but hopes consumers will eventually be measured and tested in store to design perfectly - fitting shoes tweaked for an individual ' s gait , weight and type of sport .
adidas launched a new sneaker on friday with a 3d - printed sole that it plans to mass - produce next year , part of a broader push by the german sportswear firm to react faster to changing fashions and create more customised products .
adidas launched a new sneaker on friday with a 3d - printed sole that it plans to mass - produce next year , part of a broader push by the german sportswear firm to react faster to changing fashions and create more customized products .
transitioning to the indoor hoops , the harden vol . 1 still held me down just fine . my outdoor escapades ushered no separation from the sole or across the different materials of the upper . every cut and stop was supported as i hit the defense with my best crossover - hesitation - stepback - fadeaway jumpers .
adidas had originally planned to launch its venture in bangladesh but switched to india after a pilot project lost money . the company ' s boss herbert hainer blamed high import taxes and the firm ' s lack of presence in the country for the failure .
however , adidas says its new partnership with silicon valley start - up carbon allows it to overcome many of those difficulties to produce a sole that can rival one made by an injection mould , and at a speed and price that allow for mass production .
adidas hopes to sell 5 , 000 pairs of its futurecraft 4d this year , and 100 , 000 next year as carbon cuts the time it takes to print a sole from the current hour and a half to as low as 20 minutes per sole .
3d printing will also help cut the time it takes to get new designs to stores from the 12 to 18 months it usually takes for sneakers . to that end , adidas is also opening factories mainly operated by robots in germany and the united states .
images are available of the shoe upon request . video clips to see a breakdown of the shoe and what it is all about are available at urltoken . to learn more about the world ' s first intelligent shoe , visit the adidas website at urltoken .
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the aim of the adidas techfit products is to coordinate the joints , balance the muscles and improve the posture for greater performance . the result will be better rapidity in situations where force or speed plays a crucial role like running , sideways movement ( tennis ) , sudden starts and stops ( football ) or at lifting great weights ( bodybuilding ) . the adidas techfit clothes are skintight manufactured and because of their compression materials they reduce muscle vibration and improve blood streaming thereby help the athlete to reach optimal and effective power effort and consumption .
this is a milestone not only for us as a company but also for the industry ,
said gerd manz , adidas head of technology innovation , announcing the launch of its new futurecraft 4d shoe .
we ' ve cracked some of the boundaries .
over a year in the making , james harden’s very first adidas signature shoe is finally a finished product . the brand is currently throwing a grand unveil party for him in houston , complete with a full fashion show and music performance from the likes of travis scott .
1 . cushion : for people with “normal foot alignment” whose soles naturally tilt outwards . 2 . control : for people whose soles tilt inwards and thereby need a support which tilts the sole into the right direction . pro - modorator was designed for this purpose : an extremely lightweight midsole support system made out of thermoplastic urethane ( tpu ) .
if your personal comfort zone is a little firmer or softer than the factory ' s programmed setting , two buttons let you adjust compression resistance up or down . the adidas system is powered by a replaceable battery that lasts for 100 hours of running time . the 1 is the only shoe that comes with an owner ' s manual on a cd . it ' s expected to hit the stores in december and sell for around $ 250 . forget about those shoes that light up or play tunes or boast dancing laces . the coolest shoe , by far , is the one that thinks . your knees will agree .
adidas engineers designed a closed - loop system that senses the amount of shock input to the foot , and continuously adjusts the amount of damping to keep the cushioning level within an optimal preset zone . the system adjusts on the fly to any combination of running speed and terrain .
mr . dibenedetto said he was surprised to learn that no one had ever precisely measured cushioning compression while a shoe was in use . to do that , he and mr . oleson inserted a sensor about the size of a sparrow ' s eye into the top of the heel of a standard adidas running shoe , and a magnet smaller than a dime in the bottom of the heel , creating a magnetic field that the sensor could measure . as the heel was compressed , the sensor , known as a hall sensor , measured the corresponding changes in the magnetic field strength to a tenth of a millimeter , 1 , 000 times a second .
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adidas hopes to sell 5 , 000 pairs of its futurecraft 4d this year , and 100 , 000 next year as carbon cuts the time it takes to print a sole from the current hour and a half to as low as 20 minutes per sole . ( joe penney / reuters )
take advantage of your offer on everything except previous purchases , gift cards , monitors , electronics , strollers , and select styles of adidas , altra , asics , brooks , hoka one one , mizuno , nike , reebok , saucony , apple , polar , soleus , garmin , and fitbit .
carbon ' s technology will allow adidas to make small batches of shoes far more quickly . small production runs were not economical before as the metal moulds for most soles need to be used 10 , 000 times to pay for themselves , and they take four to six weeks to cast and grind .
' ' the whole concept of an intelligent shoe would be great , ' ' said christian dibenedetto , a scientist here at the north american headquarters of adidas . ' ' something that would change to your different needs during a marathon , or whatever you were doing , was always the fantasy . ' '
as far as the contract goes , we know we have a long time with him , and that’s great because right now we’re on volume 1 , and we named it that way because you can start to think about chapters and how you can evolve the storytelling . we’re just in the beginning phases of scratching the surface of what james’ story means for him and what he wants to bring to life .
to hear about every last detail of the process ( seriously , all of them ) , nice kicks caught up with brian foresta , adidas vp of basketball design and corey allen , adidas basketball product manager at the brand’s portland , oregon - based village headquarters . read ahead for the in - depth interview , and let us know your thoughts in the comments section below on james harden’s debut signature sneaker . they’ll first release on december 3rd in the “pioneer” colorway — the black / white / red version seen above — which honors his high school mascot and the two state championships that first put him on the map as an emerging star .
the brochure needed to show the shoe working on several levels since much of the mechanism is not visible on the surface . it also needed to show how it responds in a variety of running conditions . this is a complex requirement for a brochure that must also push the brand strongly to ensure people associate these innovations with adidas .
it does this by using the microprocessor to monitor the heel ' s impact on the ground 1 , 000 times per second while you run . it analyses that data and then sends calculated instructions to the motor which makes a physical change to the cushioning properties of the shoe as you run on the fly , making sure that you have the correct level of cushioning for your needs at any given time , be it on tarmac or gravel .
the shoe features both full - length boost and a primeknit upper , showcasing two of adidas’ best - in - class current technologies . from there , the proportions and flows of the shoe get bendy , quirky and yes — “different . ” it’s asymmetrical in parts , slanted in others and still retains a familiar and wearable look at first glance .
nick depaula : when you guys signed james , it was such a big headline in terms of the number of years and the money involved . it was different than when you sign a rookie , because they have to earn their signature shoe . with james , signature was the expectation from day 1 . what were some of those early conversations like , and what were some of the things he mentioned he was looking for in his first collection ?
with that massive contract , harden’s well - known distinct styles on and off the court , and other in - house factors to live up to like the current successes of the style - driven adidas yeezy and nmd lines , you can imagine the pressure looming over the heads of the designers tasked to create harden vol . 1 . but as you can see by the finished shoe , they had no problem dealing with the hype and high expectations . we recently sat down with vice president of basketball design brian foresta and basketball product manager corey allen—the leaders of the project who are both sporting very harden - esque beards of their own—to discuss how they created the high - performance and high - style sneaker , and what it was like working with james from the first meeting to the impressive final product .
i tried these back when they cost $ 250 . they were so bad i had assumed adidas pulled it from the shelves , but i guess they ' re back . not only did the
smart
cushioning not work ; they actually cut into my heel . i ' m not a fan of coming in from a run to find blood stains on my socks .
serious runners may have used weight as a non - compensatory attribute . that is , weight could be used in a two - phased process – first , all shoes over a certain weight are eliminated . then , a more compensatory rule is used . any non - compensatory rule that involved weight as an important attribute would put adidas at risk of elimination by serious runners .
now is the fun part . the non - stop journey to get here and create a signature collection of both footwear and apparel has been in the works for over a year , ever since james harden inked his unprecedented 13 - year endorsement deal with adidas on last october 1st . the deal was reported as being worth $ 200 million , but that’s with all incentives met , like meeting lofty sales thresholds and him winning finals mvp in every single year of the contract . “hey , we’d love to pay him the full two hundred , ” joked one adidas executive after the deal was announced . if harden is able to meet all the incentives , of course , that’d mean he was one of the greatest players to ever play the game .
ca : bringing james in and starting the signature process and getting to know him was a thing in its own right . he told the team a variety of colorways and things that he would like to see , and being that this is the first signature and we have a ways to go , you’ll see more and more stories come to life . even with the naming of the shoe being volume 1 , it lends itself to being able to tell stories and different chapters .
bf : about two years ago , we decided that it was time to really shake up what it meant for adidas to participate in the game of basketball . it felt like we had gotten to a point where we might’ve become a little formulaic . i came over from originals , and we kind of switched the team up , and started to look at it a little bit differently . how do we be super expressive , and move forward , but also always progress the athlete forward ? i think the product you’re seeing come to market now—the crazy explosive , the new d rose , dame’s next shoe—is really just the tip of the iceberg . we started to look at adidas basketball completely differently . it’s been great to bring all our guys along , and get more of a family atmosphere .
jacques perrault : the foot itself is a heterogeneous , multi - functional object . for the adidas future team , modern approaches to design are about getting closer to people and their sport . creating varying functional stiffness and response are the best levers to turn to make footwear more intimate and personalized . the core concept here is that by making product closer to the desired function , we can improve performance .
in the hypercompetitive sporting - goods industry , of which the $ 15 billion sneaker market is only a part , innovation is seen more and more as a great differentiator . and while other companies , like nike in nearby beaverton , ore . , have made a name for themselves with new products , mr . vincent acknowledged that adidas had not established a firm reputation as an innovator in the american market .
at the beginning of the month , adidas unveiled their newest materials experiment , forgefiber . the difference between this new manufacturing method and what we ' ve been seeing in the industry lately is simple—no 3d printers . i know , crazy . instead of 3d printed material , forgefiber focuses on knit technology , varying densities with a tpu coated yarn that ' s then stitched and forged onto the sneaker ' s upper .
mr . enderle , the analyst , predicted that even at $ 250 a pair , shoes that use digital technology effectively are likely to find a market . fortunately for adidas , he said , ' ' a lot of people who run - - business executives and the rest - - do have the money and love having the latest cutting - edge shoe that apply technology to make the running experience better . ' '
it seems as though adidas is focusing on designing personalized footwear in parts—midsoles and heel caps with the 3d runners and futurecraft 4ds and uppers with the futurecraft leather superstars and forgefiber . this may be a stretch , but i ' m left wondering if all these new shoes are just prototypes and there will be a mega sneaker that combines a little bit of everything in the works sometime soon . i guess we ' ll have to wait and see .
jm : it ' s an amazing time to be in footwear innovation . the market is demanding innovation on an increasingly faster timeline , and that is allowing us as designers and engineers here at adidas the resources to tackle big ideas like speedfactory , futurecraft 4d and forgefiber . it just proves that being an agile company and having a team capable of building new solutions internally and collaborating with industry leaders in manufacturing and material development is where future success lies .
bf : well , we had to grow beards . [ laughs ] brian foresta , adidas vp of basketball design ca : we’re still working on getting it to his level . [ laughs ] i don’t know the exact amount of times that we met , but the access that he provided was unbelievable . we’d be at his house or on facetime and there were no limits . he understood how much we needed to talk in order to hit timelines .
adidas executives say the shoe is no gadget - dependent gimmick . instead , its designers say it represents a leap forward in wearable technology . each second , a sensor in the heel can take up to 20 , 000 readings and the embedded electronic brain can make 10 , 000 calculations , directing a tiny electric motor to change the shoe . the goal is to make the shoe adjust to changing conditions and the runner ' s particular style while in use .
i love this shoe and i have the previous model . . i want to buy it but i don ' t know if there are any problems with the micro - chip cuz it ' s not on my country ' s market anymore ( greece ) . . also , i visited an adidas store and the salesman told me that it will be developed and a new one will come out in 2 years . . do u have any information ? ? ? : )
a classic example is the adidas copa mundial —the stitching through the forefoot is there to control the natural stretch in areas of a kangaroo leather hide . by getting hands on with the process and building a deep understanding of these new materials , we are able to formulate new approaches that achieve higher levels of control of that stretch and reinforcement , while significantly reducing the amount of material needed to achieve those results . it also allows us to target fit , breathability , and flexibility .
jm : the adidas future team in pdx is very lucky in that it has its own specific
makerlab
r & d area . it ' s a space where we ' re encouraged to experiment , build machines , try new things , and are given the freedom to fail fast in order to get to new solutions . it ' s also a space where we bring in new industrial prototyping machines that can be used for multiple purposes . that ' s where this concept came from .
from the start of development in early 2001 , the shoe was viewed as an opportunity for adidas to innovate , said steve vincent , who leads the company ' s worldwide innovation team of about 50 people . mr . dibenedetto ' s group is one of seven in germany , italy and the united states that work in such secrecy that the units ' names are not mentioned to outsiders . to do otherwise , mr . vincent said from his corner office overlooking the willamette river , ' ' would just give away the farm . ' '
ca : it was great to also get his buy - in and his team’s buy - in from day 1 in knowing how long the creation process takes . obviously , we were seeing social media comments and any product that we came out with that was a pe , people wanted to know , “well , where is his signature product at ? ” it’s important to consider that not only with james , but for all of our marketing and brand communications teams , it was really important to have that full timeline so that we could create that holistic storytelling around project harden and trying to explain the whole process . we wanted to let people in earlier than we have before into the creation process , to answer those questions and educate people on how long the process is .
for the first mile or so , the 1 . 1s run like normal new shoes , albeit bulky , heavy shoes . but once they break in , the sneakers ' electronic adjustments are very noticeable—and take some getting used to . i found the lowest setting preferable when running longer distances at a relatively slower pace . on the highest setting , the shoe stiffens noticeably in the heel and gives a forward push to the heel - to - toe transition , which is best for sprinting . but the shoes really hit their stride when running on varied terrain . when i the ground changed from pavement to wood across the brooklyn bridge and from asphalt to grass in prospect park , brooklyn , the shoes ' quick adjustments put a genuine spring in my step . it ' s great to be able to change surfaces without a hesitation in stride .
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hidden code for a ' visual search ' feature hints at snap ' s next move .
law enforcement may have a tough time cracking your phone with a usb device .
tapping into the same creative well as ' minecraft ' could be the key to long - term success .
kenzo ss18
yo ! my saint
, a film by ana lily amirpour and music by karen o feat . michael kiwanuka
trippy commercial , beautifully done , and you have karen o with the vocals . commercial is from the year 2005 .
listen . your knees are talking to you . when you run , your knees bear the brunt of the shock of your feet striking the ground . and they let you know about it . cushioning , or damping , this shock has long been the holy grail of running shoe manufacturers . shoe engineers are forever looking at ways to cushion shock by smoothly and evenly decelerating the runner ' s foot at heel impact . if the cushioning is too firm , like stiff shock absorbers in a car , the deceleration is too rapid and you experience shock . if the cushioning is too soft , your foot bottoms out in the shoe , like your car ' s suspension hitting the bump stops because of too soft or worn - out shocks . either way , you get it in the knees .
shoe designers have come up with all kinds of progressive shock - damping strategies to try to optimize cushioning under varying conditions . gel pods , air chambers , progressive - rate polymer columns , variable - density - foam mid - sole platforms , even metal springs buried inside the heel - - they all seek to match cushioning to conditions . the problem is that not all runners weigh the same , so they don ' t compress the heel and midsole to the same degree . damping requirements become even more complicated when the same runner changes his pace or the running surface - - factors that affect cushioning requirements . so , all the existing damping systems are , at best , a compromise .
impact is measured by a magnetic sensing system . a sensor is placed just below the runner ' s heel and a magnet is located at the bottom of the midsole . on impact , the sensor measures the distance from top to bottom of the midsole to determine the degree of compression and the amount of cushioning being used . the sensor does this about 1000 times a second and relays the information to the system ' s brain - - a 20 - mhz microprocessor located underneath the shoe ' s arch . this mini computer can make up to 5 million calculations per second , which is probably more than you can .
the brain compares the cushioning level information from the sensor to its programmed optimum cushioning zone . the zone was determined by feedback from runners . the brain then activates a tiny motor , housed in the midfoot , which turns a screw . this in turn lengthens or shortens a cable that is connected to the walls of the plastic cushioning element . shortening the cable stiffens the element and limits the amount of compression . lengthening the cable increases compression travel for a
softer ride .
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good but not $ 200 dollars good . if you ' re looking for cushion then just stay with asics . it ' s much cheaper and more versatile .
i agree that the price is high . . . but i loved this shoes . . is very beautiful . . .
mark rated this product 5 stars sat , april 25 , 2009 : if u had these in black with white stripes . i might bye these shoes . . . the price is a little high
the idea was inspired by mohammad yunus , the nobel prize - winning founder of the grameen microfinance bank in bangladesh , but the company now believes his plan to sell the world ' s cheapest trainers has more chance of success in india .
in the past few years mobile phone companies like vodafone and india ' s reliance have had great success selling cheap mobile phones to rickshaw - pullers and roadside hawkers throughout india , while tata , which owns jaguar land rover , launched the world ' s cheapest car .
the tata nano was launched as the world ' s cheapest car for ' one lakh ' rupees or around £1200 , and aimed to persuade families travelling five to a motorbike to trade up .
the company followed the model with india ' s cheapest water purifier and the country ' s lowest cost apartments .
the shoe will be sold in villages through a distribution network . we want the product to be self - funding ,
he said .
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smart enough , that is , to sense their environment electronically , calculate how best to perform in it , and then instantly alter their physical properties to adapt to that environment . in short , the designers say , shoes that can do whatever is needed to deliver improved athletic performance or just a better experience in the ancient poetry of feet striking the earth .
' ' what we have , basically , is the first footwear product that can change its characteristics in real time , ' ' said mr . dibenedetto , who led the group that created the shoe , of its ability to adapt its cushioning as the wearer runs .
the shoes will have push - button controls , light - emitting diodes to display settings and an instruction manual on a cd - rom that will advise wearers on , among other things , how to change the battery after every 100 hours of use .
of all items of clothing , said rob enderle , a principal analyst for the enderle group in san jose , calif . , the shoe is a logical one to be a focus of wearable technology . unlike articles of clothing that must be washed or cleaned , shoes present a more stable place to add useful electronics , he said .