News

Adidas sees positive and negative in rising wages

12/08/2013

Speaking at an investors’ conference to discuss the recently reported second quarter results, adidas chief executive Herbert Hainer said rising wages of its workers in China had both positive and negative aspects. “The negative side is the costs getting higher, but on the positive side, there are more and more Chinese consumers who can buy our...

To continue reading this story, please sign in or register.