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Adidas outpaces Nike in North America and China

Mr Rorsted confirms the company's 2017 forecast for sales growth of between 11 per cent and 13 per cent and net income to rise by as much as a fifth.


SHARES in Adidas rose to a record high on Thursday after the German sportswear firm reported a bigger than expected increase in first-quarter sales and profits, outpacing rival Nike in North America and China and growing fast online.

After losing ground to its US rival for...

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