Adidas Swings to Loss But Sees Recovery Under Way

Adidas said it expects revenue to recover as the sports-gear group’s stores continue to reopen and digital sales thrive after the coronavirus lockdowns pushed the company into a net loss in the second quarter.

Adidas Swings to Loss But Sees Recovery Under Way
Adidas said it expects revenue to recover as the sports-gear group’s stores continue to reopen and digital sales thrive after the coronavirus lockdowns pushed the company into a net loss in the second quarter.