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Adidas Profits Fall 97 Percent

Adidas Profits Fall 97 Percent

by Ellen Groves

Posted Tuesday May 05, 2009

Last Edited Wednesday May 06, 2009

From WWD Issue 05/06/2009

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PARIS — Hit by discounting, higher sourcing prices, currency effects and restructuring costs, the Adidas AG saw net profits fall 97 percent in the first quarter to 5 million...

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PARIS — Hit by discounting, higher sourcing prices, currency effects and restructuring costs, the Adidas AG saw net profits fall 97 percent in the first quarter to 5 million...

Read the full article by SUBSCRIBING today!

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• Business content everyday on the dedicated Business channel.
• Business coverage in WWD Morning Report daily email newsletter delivered right to your inbox.
• Downloadable PDF of WWD daily issues for immediate worldwide access.
• Full access to all of WWD.COM including 12months of Archived content.
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• Start your subscription now for only 27 cents per day!

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• Levi's Earnings Rise 7.9 Percent in Fourth Quarter
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