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Adidas: If tariffs stay, ‘of course there will be price increases’

Retail Dive LogoRetail Dive17h ago

Adidas: If tariffs stay, ‘of course there will be price increases’ - Retail Dive

Quick Summary:

CEO Bjørn Gulden stressed that they have not been implemented yet, though, and the retailer will follow the lead of others in the market.

The retailer confirmed its guidance, which calls for sales to increase at a high-single-digit rate and for operating profit to land between 1.7 billion and 1.8 billion euros, but noted “increased uncertainty” in the outlook.

Adidas’ sales in North America grew the least of any of its markets in Q1, at just 3%, but that was also impacted by the loss of Yeezy inventory year over year.

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Adidas: If tariffs stay, ‘of course there will be price increases’ - Retail Dive (Picture 1)Adidas: If tariffs stay, ‘of course there will be price increases’ - Retail Dive (Picture 2)Adidas: If tariffs stay, ‘of course there will be price increases’ - Retail Dive (Picture 3)Adidas: If tariffs stay, ‘of course there will be price increases’ - Retail Dive (Picture 4)

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Article Details

Author / Journalist: Cara Salpini

Category: Business

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-30 @ 12:41:00 (17 hours ago)

News Timezone: GMT +8:00

News Source URL: retaildive.com

Language: English

Article Length: 608 words

Reading Time: 4 minutes read

Sentences: 25 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Retail Dive

News ID: 28301275

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About Retail Dive

Retail Dive Logo

Main Topics: Business

Official Website: retaildive.com

Update Frequency: 4 posts per day

Year Established: 2012

Headquarters: United States

News Last Updated: 18 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #97

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  • URL: https://jb-adventure.beamstart.com/news/adidas-if-tariffs-stay-of-17460323374242

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