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Adidas Sees Surge in Profits Driven by Holiday Sneaker Sales
21 days ago
In a significant turn of events for one of the world’s leading sportswear companies, Adidas has reported a remarkable increase in profits, attributing the upswing primarily to robust sales of its sneaker line during the recent holiday season. The German sports conglomerate announced that the demand for its athletic footwear surged, significantly boosting its bottom line in the final quarter of the year.
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