PARIS — Citing a recovery in North American sales and a 35.8 percent rise in second-quarter profits, Adidas-Salomon AG on Wednesday raised its full-year earnings target by more than five points to 20 percent for the full year.

The Herzogenaurach, Germany-based activewear giant also said a strong trading climate, particularly in Asia and Latin America, should fuel revenue growth of about 5 percent this year on a constant-currency basis.

To continue reading this article...

To Read the Full Article
SUBSCRIBE NOW

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus