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Adidas Slashes Outlook for Q2, Citing Slow Recovery in Greater China - Endurance Sportswire
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Adidas Slashes Outlook for Q2, Citing Slow Recovery in Greater China

July 26, 2022

The German sportswear brand on Tuesday said its recovery in Greater China has been slower than it expected since Q3 began, due to persisting Covid-19 restrictions. As such, Adidas said it expects revenues in Greater China to decline at a double-digit rate through 2022. Footwear News


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