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Golf and tension in Russia hurt adidas

01/08/2014
Golf and tension in Russia hurt adidas

The executive board of adidas announced a series of “important strategic decisions” at the end of July to secure profitability. The company also updated its financial outlook for 2014, with its share price on the Frankfurt stock exchange suffering almost immediately. For the second quarter, it said sales had increased by 10% on a currency-neutral ...

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