Business & Events

Adidas Reports Slower Growth in Q3, Narrows Guidance for Year

Revenues at Adidas increased 3.4 percent to bring in 5.75 billion euros in the third quarter of this year – a slowdown compared to the same period in previous years. In 2020, currency-neutral revenues were down 3 percent. However, in 2019, the last “normal” year before the pandemic, revenues grew 6 percent. Over the three years previous . ...

SOURCE : WWD

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