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What Drove Adidas’ ‘Strong’ Q3 Rebound

Rivet's 2020 Denim Circularity report takes a deep dive into how the global denim industry is plotting its circular future amidst a worldwide pandemic.

Following a 317 million euros ($373 million) net loss in the second quarter, Adidas saw a “strong recovery” in Q3 with third-quarter top- and bottom-line results close to prior year level. In a Nutshell: With more than 90 percent of its own-retail stores operational—most of which had been closed for several weeks during the second…

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