Adidas XE:ADS continues to be taking a look at choices for leftover Yeezy inventory however continues to expects a significant working loss this yr if it writes off the sneakers, it stated Friday because it reported first-quarter gross sales that had been slightly higher than anticipated.
Income in North America and Higher China remained destructive on yr within the first three months of the yr, however the group whole was flat, organically, at 5.27 billion euros ($5.80 billion). Analysts had anticipated a tally of EUR5.08 billion, in line with a FactSet ballot.
The…
