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Running, fashion power strong Adidas sales in Q1

Published Tue, May 5, 2015 · 09:50 PM
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Berlin

GERMAN sportswear company Adidas reported better-than-expected first-quarter sales growth on Tuesday, helped by a strong performance from its running and fashion businesses as well as a recovery of its struggling North America arm.

Adidas said sales rose 17 per cent to 4.083 billion euros (S$6.1 billion), or by 9 per cent excluding the impact of currencies, which …

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