Adidas expects lower profits from Russia and the Ukraine in...

2009-02-17T00:00:00

Adidas expects lower profits from Russia and the Ukraine in 2008 because of a 35 percent decline in the ruble against the U.S. dollar and of 22 percent against the euro since last Aug. 1. Despite the currency fluctuations, the Three Stripes still expects Russia to be its principal European ...

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