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What Drove Adidas’ ‘Strong’ Q3 Rebound

Fashion is at a crossroads: continue with cutting-edge strategies developed to persevere during Covid or slide back into familiar (yet unprofitable) habits? Get the experts' perspective at our in-person Sourcing Summit, Oct. 19 at New York’s Cipriani 42nd Street.

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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