News

Q4 income falls 64% at adidas

04/03/2010

German sportswear company adidas has posted a 64% decline in net income for its fourth quarter. Income totalled EUR19 million compared with EUR54 during the fourth quarter of 2008. According to the company, rising purchasing costs, currency effects and a drop in demand led to the decline.Revenue for the fourth quarter of 2009 was steady with the...

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