• 11/11/2024

Adidas Cuts Forecast Loss as China Leads Rebound

Wall Street Journal

Adidas was back in profit in the second quarter, helped by a recovery in China and easing of inventories, and forecast a narrower operating loss for the year of €450 million.

https://www.wsj.com/articles/adidas-boosted-by-china-recovery-easing-of-inventories-9189fe00