E-commerce, Fashion

Adidas Is A Hot Seller In Korea

German sports giant Adidas announced its latest performance data on Tuesday, showing that the group’s third-quarter revenue increased by 6.3% to 6.44 billion euros, with a 10% increase at constant exchange rates. Operating profit surged by 46% to 598 million euros, and net profit reached 469 million euros, surpassing the 388 million euros expected by Visible Alpha analysts. The gross profit margin increased by two percentage points to 51.3%.

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