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Adidas shares jump as North America growth outpaces Nike

Thursday, August 09, 2018 - 01:21

German sportswear firm Adidas reported higher-than-expected second-quarter results on Thursday, as it kept growing faster than rival Nike in North America even as it stagnates in its western European home market. As Francis Maguire reports, shares in the company jumped 10 percent to a four-month high.

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German sportswear firm Adidas reported higher-than-expected second-quarter results on Thursday, as it kept growing faster than rival Nike in North America even as it stagnates in its western European home market. As Francis Maguire reports, shares in the company jumped 10 percent to a four-month high.

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Adidas shares jump as North America growth outpaces Nike

Thursday, August 09, 2018 - 01:21