Adidas is outrunning Nike — and its comeback has legs

Quick Summary:

The question now is no longer how quickly can the German company recover but how long can it keep up the momentum.

Adidas issued its third guidance upgrade in six months this week.

Revenues are forecast to grow at a 10 per cent clip, in neutral currency terms.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Category: EconomyBusiness

Markets: SingaporeCubaJapanSouth Korea

Topics: Year Adidas Operating Quarter Shoes Question Company German Cent Sales Third

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-04 @ 10:55:00 (1 days ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 518 words

Reading Time: 3 minutes read

Sentences: 30 lines

Sentence Length: 18 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Channel News Asia

News ID: 23388760

View Article Analysis

About Channel News Asia

Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

Update Frequency: 35 posts per day

Year Established: 1999

Headquarters: Singapore

News Last Updated: 31 minutes ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #27

Publisher Details

Frequently Asked Questions