BERLIN – Adidas’ Chief Govt Kasper Rorsted mentioned nothing had modified on the German sportswear firm’s 2025 targets, after first-quarter outcomes have been dogged by lockdowns in Higher China.
Rorsted mentioned that a double-digit gross sales drop in that market is feasible in 2022, as a sudden restoration in China is unlikely, however he predicted sturdy progress in that market once more in future.
He added that the warfare in Ukraine was not having a detrimental impression on customers’ willingness to purchase.
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