Company had strong first quarter but says it cannot raise outlook for this year owing to tariffs uncertainty
Adidas has said the price of its popular trainers, including the Samba and Campus models, is likely to rise as a result of Donald Trump’s tariffs.
The German group said the uncertainty around US import tariffs had prevented it from raising its outlook for sales and profit this year despite reporting strong first-quarter results.
More Stories
Hong Kong police tell people not to download ‘secessionist’ mobile game
UN watchdog finds Iran failing to comply with nuclear obligations
European journalists targeted with Paragon Solutions spyware, say researchers