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Adidas axes profit forecast over Russia Adidas (ADDDF), which just a few months ago was planning to grow fast in Russia, also said the weaker ruble was hitting its profits. The U.S. and ...
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Europe Earnings: adidas, BNP Paribas, Lloyds Banking, Weir 4:00 PM Frankfurt – adidas plunged 16% after the footwear lowered annual profit estimate. BNP Paribas net swung to a loss of €2.6 billion. Lloyds ...
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Why is Russia Affecting Adidas Shares? Everything appeared to be going well for Adidas. In June, the sportswear retailer said the World Cup gave its profits a huge boost, two of its teams ...
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