WWD.com/business-news/financial/adidas-profits-dive-97-percent-2122752
financial
financial

May 5, 2009

Adidas Profits Fall 97 Percent

By Ellen Groves
financial/news

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...