adidas Warns of US Price Hikes Despite Doubled Growth

While adidas's Q1 results have impressed analysts, the German company is not convinced that it will be safe from the impact of US President Donald Trump's sweeping tariffs on global trade with the US. Despite beating forecasts by reporting net income jumping 155% in the first quarter of 2025, adidas emphasized its worries about the uncertain trade landscape.According to CNBC, adidas said "Higher tariffs will eventually cause higher costs for all our products for the US market," in a statement. "...