News

Adidas raises sales sights

03/03/2011

German sportswear brand adidas announced on 2 March, 2011, that it has raised its 2011 sales forecast due to rising consumer confidence, but warned that a further increase in raw-material prices could pressure margins for 2012 and beyond. Adidas now expects 2011 sales to rise by a “mid to high-single-digit percentage range,” after previously...

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