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Adidas Lowers 2022 Expectations Amid China Lockdowns

The Business of Fashion - 6 May 2022 12:39
Adidas Lowers 2022 Expectations Amid China Lockdowns First-quarter sales shrank by 3 percent worldwide, to 5.3 billion euros ($5.58 billion), while profit from continuing operations fell 38 percent, to €310 million.
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