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Adidas sales decline in North America as Yeezy impact and tariffs bite
Yahoo Finance·2025-10-29 16:33

By Linda Pasquini and Helen Reid (Reuters) -Adidas' group sales dipped 5% in North America in the third quarter, weighed down by the end of the popular Yeezy sneaker line last year and a volatile global environment affected by U.S. tariffs. Global revenues, meanwhile, grew 3% to hit 6.63 billion euros ($7.73 billion) - a record, according to CEO Bjorn Gulden. Adidas has sought to put the Yeezy affair behind it since ending the highly profitable partnership with the brand's designer - the rapper Ye, form ...