Facebook Pinterest Search Icon SourcingJournal_horiz Tumbler Twitter Shape photo-camera graph-trend Shape latest-news icon / user

Adidas Swallows $373M Loss, Speeds Up Digital Investments

Join Sourcing Journal TOMORROW at 11 am ET to learn how even small changes can have a big impact on textile mill profitability from Cotton USA Solutions, Aii and Tata Textile Mills.

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)…

This content is for Annual and Limited members only. You can read up to five free articles each month with a Limited Level Subscription. Please log in, or subscribe.

Log In Subscribe

More from our brands

Access exclusive content Become a Member Today!