Financial

Adidas sees sales continuing to fall in Q1 but is optimistic for the year

By 2022-03-09T17:21:00

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Adidas is projecting that its sales would decline by a mid-single-digit rate in the first quarter of 2022 as continued supply shortages due to Covid-19 lockdowns in Vietnam late last year are seen shaving some €600 million of its top line during the period. They already shaved €400 million from ...

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