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Adidas Profit Jumps 17% in First Quarter, but Currency Issues Cut Into Sales

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While currency issues kept sales down in the first quarter, Adidas did score solid gains from its signature brand, and pulled off a 17 percent increase in net income. In a Nutshell: Adidas started the year off and running, with gains in sales and income from its signature brand. The combined sales of the Adidas…

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