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Adidas, Tariffs

Adidas shares drop after sales miss expectations, flags $231 million tariff cost

(Reuters) -Adidas shares fell 7.5% in early trade on Wednesday after the sportswear brand's second-quarter sales missed expectations and it warned that higher U.S. tariffs would add around 200 million euros ($231 million) to its costs in the second half.

The Manila Times on MSN · 14h

Adidas: Tariffs will add $231M to H2 costs

ADIDAS said on Wednesday higher US tariffs would add around 200 million euros ($231 million) to its costs in the second half (H2), having impacted its second-quarter results by “double-digit” millions of euros.

Hosted on MSN · 15h

Adidas may hike prices, warns of US consumer hit from tariffs

By Linda Pasquini and Helen Reid LONDON(Reuters) -Sportswear brand Adidas warned on Wednesday that it may have to hike prices in the United States, after reporting U.S. tariffs would add around 200 million euros ($231 million) to costs in the second half.

Analytics Insight15h

Adidas Stock Drops 7% After $231M Tariff Hit and Weak Q2 Profit

Adidas warned that it may raise prices in the US following the Trump administration’s new import tariffs. The company ...

Daily Sabah21h

Adidas sinks after sales disappoint, expects $231M tariff hit in H2

Second-quarter sales of German sportswear maker Adidas missed expectations, prompting the slump in shares of 7.5% in early trade on Wednesday, with ...

20h

Adidas shares slump after sales miss, tariff warning and guidance confirmation

Adidas shares tumbled on Wednesday after the German sportswear giant reported second-quarter sales below expectations and ...

Hypebeast4y

size? x adidas Originals AS 520 "Euros '88" Release | Hypebeast

size? and adidas Originals Offer AS 520 "Euros '88" Inspired by Marco van Basten's Volley Colored in the same orange and white hue as van Basten’s Netherlands kit. Footwear Sep 21, 2020 ...

14h

Adidas may hike U.S. prices, flags US$231 million tariff cost

Adidas warned that it may have to hike prices in the U.S., after reporting tariffs would add around 200 million euros (US$231 ...

1don MSN

Adidas Backs Outlook as Tariff Burden Lingers

The CEO said the company would have been bullish in its full-year outlook but uncertainty persists around the expected impact ...

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