Adidas pledges to fix supply issues after missing sales forecast

Adidas

Sportswear giant Adidas promised to fix supply shortages in North America it missed sales and profit expectations in the second quarter.

Sales were up four per cent to €5.51bn, below average forecasts of  €5.54bn and operating profit rose nine per cent to €643m but below expectations of  €651m.

Read the full article in City AM.