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Adidas CEO Expects Operating Margin In China To Shrink, U.S. Margin To Grow

Published in SportsBusiness Daily Global on 04 / 21 / 17

New adidas CEO Kasper Rørsted said that the company "expects its huge operating margin in China to shrink slightly in the long term, while its small U.S. margin grows markedly in the near term," according to Adam Jourdan of REUTERS. Rørsted, on his first visit to China since takin...

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Tags: Finance, China, North America

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02/27/17
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02/24/17
MLB Wants Team In Mexico

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02/24/17
NFL Mexico City Generated $45M

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02/21/17
Grupo Multimedios Acquires 50% Stake

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Pro12 Considers American Expansion

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