Adidas APAC

Adidas revises 2022 outlook amidst ‘slower-than-expected’ recovery in Greater China

Adidas revises 2022 outlook amidst ‘slower-than-expected’ recovery in Greater China

The company expects a double-digit decline rate during the rest of the year.
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Greater China, APAC drag Adidas’ sales growth in 2021

The market reduced Adidas’ revenue growth by €1.5b.
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