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.

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Category: EconomyBusiness

Markets: SingaporeCubaJapanSouth Korea

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

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-04 @ 10:55:00 (2 weeks 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

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Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

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Year Established: 1999

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News Last Updated: 3 hours ago

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