Adidas reported strong first-quarter results, driven by sales growth in Europe and China, despite a decline in North America where retailers remain overstocked. The German sportswear brand noted particular strength in the demand for its retro-style Gazelle and Samba sneakers, which has been so high that it is considering delaying product launches to maintain the brand's appeal. However, the company is contemplating holding back the return of its retro Superstar basketball shoes due to the rising demand for Samba sneakers.
👟 Adidas profits surge as Sunak fails to derail demand for Samba trainers https://t.co/sitvs3F2KA
The Rishi effect does not seem to have affected the Samba brand much yet - @OlafStorbeck rpts Adidas is claiming that demand for some shoes including the Gazelle and Samba models is so high it is delaying product launches to maintain the brand’s appeal https://t.co/bWnnFD2Br8
The Rishi effect does not seem to have affect the Samba shoe brand much yet - @OlafStorbeck rpts Adidas is claiming that demand for some shoes including the Gazelle and Samba models is so high it is delaying product launches to maintain the brand’s appeal https://t.co/bWnnFD2Br8
Retailers in North America reported ecommerce earnings results, with consumers focused on value and looking for sales. https://t.co/RgJuDhVRK4 #ecommerce #onlineretail #earnings #retail
Demand for Adidas’ retro-style Gazelle, Samba shoes helps drive strong first-quarter growth https://t.co/K6zPtsAQDO
Adidas is considering holding back the return of its retro Superstar basketball shoes because of the rising demand for its Samba sneakers https://t.co/pQYbarvZS9
Sales growth in Europe and China helped drive Adidas' strong first-quarter results, while North America was a weak spot as retailers remain overstocked, the German sportswear brand said https://t.co/Zmy5nJFOrb
Sales growth in Europe and China helped drive Adidas' strong first-quarter results, while North America was a weak spot as retailers remain overstocked, the German sportswear brand said. More here: https://t.co/8UseEN8MJH
Adidas Posts Better-Than-Expected Profit https://t.co/ew5kC6xKpo
Adidas first-quarter growth dimmed by North America sales dip https://t.co/byUzQStE2R https://t.co/yZ2CXVn8C1
⚠️ ADIDAS Q1 GROWTH PARTLY OFFSET BY NORTH AMERICA SALES DECLINE Full Story → https://t.co/jWgaktQXrD Adidas' strong first-quarter results were helped by growth across all regions, excluding North America, where inventory levels are still high, the German sportswear brand… https://t.co/YMMDzOnwkN