Adidas Rebounds with Strong Q2 Sales Boost
Sambas and Gazelles drive growth as soccer trends and new strategies take hold
- Adidas reports an 11% increase in second-quarter sales, driven by popular footwear lines and soccer apparel.
- Operating profits surged nearly 190% in the first half of the year, reaching €682 million.
- European sales rose 19%, while North American sales saw an 8% decline due to the discontinued Yeezy line.
- The company sold millions of jerseys tied to major soccer tournaments, contributing to a 6% rise in apparel sales.
- CEO Bjørn Gulden's turnaround strategy includes new product launches and a focus on retail partnerships.