Adidas’ profit and sales outlook disappoints, last Yeezys sold – ET Retail
Adidas forecast a lower than expected operating profit for 2025, anticipating sales growth will slow slightly from a strong 2024 which saw the last of its Yeezy sneakers sold. Under CEO Bjorn Gulden, Germany’s Adidas, which has been gaining market share while main rival Nike struggles, has repeatedly delivered stronger results than it has forecast…