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 at Bloomberg News. He specializes in European healthcare, pharmaceuticals, and consumer reporting, often exploring themes related to business, economics, and trading. Tim's work has been featured in a variety of prominent publications, including the Los Angeles Times, Fortune, and The Japan Times.