Adidas weighs U.S. price hikes to offset $231-million tariff hit

Adidas weighs U.S. price hikes to offset $231-million tariff hit

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Sportswear brand Adidas ADDYY warned on Wednesday that it may have to hike prices in the United States, after reporting U.S. tariffs would add around 200 million euros ($231 million) to costs in the second half. Shares in Adidas fell more than 7%, bringing the stock’s losses since the start of…

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