Adidas AG raised its annual profit target for the third quarter in a row amid the sustained boom for retro sneakers like the Samba and more sales from its shrinking stockpile of Yeezy footwear.
Tim Loh is a news reporter specializing in European healthcare, pharma, and consumer topics. He has written for various publications including Yahoo Finance, Bloomberg News, and BNN Bloomberg. Tim's work has been featured in a wide range of outlets such as the Los Angeles Times, Fortune, The Sydney Morning Herald, and many others.