Sales decline at Adidas, but margins improve

2013-08-13T00:00:00

Struggling against soft market conditions in Europe, a declining golf market in the U.S., adverse currency fluctuations and tough comparisons with the pre-Olympic and pre-Uefa period of a year ago, the Adidas Group saw its total revenues decline by 4 percent to €3,383 million in the second quarter ended June ...

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