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Adidas’s Q1-3 Revenue in China Down Over 25%
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Adidas’s Q1-3 Revenue in China Down Over 25%

Nov 11, 2022
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Adidas’s Q1-3 Revenue in China Down Over 25%
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Adidas’s Q1-3 Revenue in China Down Over 25%
(Source: Adidas)

Adidas announced its financial results for the third quarter of 2022 on November 9. The firm’s performance in Greater China, its former growth engine, continued to exhibit poor results, with combined revenue of only 2.66 billion euros in the first three quarters, down 25.3% year-on-year. This is the sixth consecutive quarterly decline re…

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