Adidas Cuts 2014 Margin Forecast

Adidas Cuts 2014 Margin Forecast Play

Aug. 7 (Bloomberg) -- Adidas, the world’s No. 2 sports gear maker, cut its profitability forecast for 2014 after first-half revenue in North America dropped amid slumping demand for golf equipment and as production and marketing costs rose. Scarlet Fu reports on “Bloomberg Surveillance.” WSL Strategic Retail CEO Wendy Liebmann also speaks. (Source: Bloomberg)

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