Adidas reports flat sales as market remains ‘volatile’
Adidas posted flat sales in the second quarter of the year “impacted by the company’s conservative sell-in approach in order to reduce high inventory levels”.
Adidas reported an operating profit of €176m (£151.9m) in the second quarter of the year, down from €392m (£338.4m) the business reported at the same time in 2022.
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