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What Drove Adidas’ ‘Strong’ Q3 Rebound

COVID-19 recovery is on the horizon but the pandemic's impact on sustainability, retail, product development and consumer buying patterns means the denim industry must evolve. Join Rivet on April 20th at 11 am ET for the COVID, One Year Later roundtable.

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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