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Adidas Swallows $373M Loss, Speeds Up Digital Investments

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Adidas swung to a net loss of 317 million euros ($373 million) in the second quarter compared with a profit of 532 million euros ($626 million) in the same quarter a year ago, while net sales fell 34 percent on a currency-neutral basis to 3.58 billion euros ($4.21 billion) from 5.51 billion euros ($6.49 billion)…

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