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New Adidas CEO Raises Sales, Earnings Targets To Close Gap On Nike

New adidas CEO Kasper Rorsted "ratcheted up" the German sportswear group’s sales and earnings targets on Wednesday, and "pledged a concerted push" in the U.S. market, as he "seeks to close the gap on arch-rival Nike," according to James Shotter of the FINANCIAL TIMES. Rorsted said that h...

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SBJ Morning Buzzcast: May 23, 2024

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