Hypebeast -
11 Nov 2020 18:55
adidas has posted a strong recovery in the third quarter of 2020, bringing top and bottom-line results close to last year's level and reporting more than a €1.1 billion EUR ($1.2 Billion USD) profit improvement compared to Q2. adidas CEO Kasper Rorsted attributes this success to a focus on "healthy inventories, profitable sell-through and disciplined sell-in" in a company statement. adidas's overall direct-to-consumer business increased by a currency-neutral 13 percent and accounted for 35 per...
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