Adidas slumps 7% as sportswear giant warns tariffs to drive up U.S. prices

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  Posted by Two Blokes Jul 30 - Filed in Stock - 4 views
  
  Adidas said Wednesday that it had faced a double-digit million euro hit from U.S. tariffs in the second quarter. The sports retailer said that added costs associated with tariffs could total 200 million euros ($231 million) in the second half of this year.