Adidas AG raised its profit target for the second time in three months amid soaring demand for classic sneakers like the Samba and more sales from the 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.