Adidas to raise prices as US tariffs cost €200m
Source: BBC
Adidas has warned that US tariffs will cost the German sportswear giant a further €200m (£173m) and confirmed that it will raise prices for American customers. Nearly half of the company's products are made in Asian countries which recently agreed trade deals with the US. Announcing its latest results, Adidas chief executive Bjorn Gulden said the tariffs "will directly increase the cost of our products for the…
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