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Why Adidas Upgraded its Full-Year Outlook

The Rivet 50 is calling for nominations for leaders in the denim industry in 5 categories: design, influencer, leadership, sustainability and supply chain. Nominations close on May 23.

Adidas raised its full-year outlook for 2021 due to stronger than expected product demand, now expecting sales to grow at a high-teens pace, with help from an approximately 50 percent sales boost in the second quarter. In particular, the German company expects the acceleration in sales to be fueled by new product releases including the…

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