Adidas CEO raises concerns with stern warning to customers
The athletic retailer is raising alarm bells about a pressing issue.
Adidas (ADDDF) , famous for its athletic footwear and apparel, is one of the few mall retailers in the U.S. that saw significant growth in sales and profits during the first few months of the year, despite recent economic uncertainty.
Adidas’ first-quarter earnings report for 2025 revealed that its overall net sales grew by 12.7% year-over-year during the quarter. Specifically in the U.S., sales climbed by 5.5%.
