Adidas Raises Outlook for the Second Time This Year
Adidas bumped-up its sales outlook for the second time this year.
Adidas (ADDDF) bumped-up its sales outlook for the second time this year. The sportswear giant now expects 2016 revenue to rise 15 percent, compared to a previously reported forecast of 10 percent to 12 percent growth. Though the company is still expected to face headwinds amid the strong dollar. TheStreet's Scott Gamm speaks with The Deal's Renee Cordes from Brussels
