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Adidas Stock Reaches Record Levels On Profit Beat, E-Commerce Sales

Sustainability is evolving at a dizzying pace with an increasing number of mandates, goals, expectations and—in some cases—legislation. Attend the Sustainability FAQs workshop to get caught up on the latest on circularity, traceability, net zero and inventory reduction.

Despite challenges regarding its North American supply chain and waning interest in retro sneakers in Europe, Adidas was able to turn in a nice quarter for investors on strong growth in digital sales and unexpectedly high profits. In a Nutshell: After releasing its Q1 results Friday, Adidas shares rose from $127.80 to $137.54, a 7.2…

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