Financial reporting

Adidas’ bumpy year showing some signs of smoothing out

By 2023-08-04T05:54:00

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While still facing hurdles in its recovery and path to profitability in 2025, Adidas began to show some positive developments in Q2 that included improved sell-throughs for some products and a €400 million boost from the sale of surplus Yeezy shoes that will reduce the group’s expected FY23 loss.

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