Covid-19 / adidas: Q1 2020 revenue of €4.75bn, representing a 19.2% drop in sales

News Tank Football - Paris - News #181832 - Published on
©  D.R.
©  D.R.

adidas Group (adidas and Reebok brands) posted a turnover of €4.753bn in the first quarter of 2020 (Jan-Feb-March), a result down 19.2% compared to Q1 2019 (€5.883bn), announced the German equipment supplier on 27/04/2020. "The Covid-19 pandemic weighs on the results of the first quarter," said adidas, as 70% of stores (owned or franchised...

©  D.R.
©  D.R.

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