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Business

Adidas sales up

Published: 06 Mar 2014 - 01:18 am | Last Updated: 26 Jan 2022 - 04:51 pm

Shareholders of Adidas at Nuremberg office. German sportswear company warned yesterday that its results in 2014 would take a significant hit from weakening emerging market currencies even as sales are helped by the soccer World Cup. The world’s second biggest sportswear firm, which has been losing ground to market leader Nike, said fourth-quarter sales rose 3.3 percent to €3.48bn.