News

Solid start for new adidas CEO

03/11/2016

Sportswear manufacturer adidas reported a 17% increase in sales during the third quarter, in the first financial report since a new CEO took charge. Revenue was the quarter was $5.4 billion, on which adidas achieved a net profit of €387 million, a 15% rise year-on-year. The company saw revenue growth across all regions, including a 15% increase...

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