Adidas records Q2 tariffs hit, flags cost increases

Adidas records Q2 tariffs hit, flags cost increases

Adidas records Q2 tariffs hit, flags cost increases

(Reuters) -German sportswear maker Adidas on Wednesday said that it saw an impact in the double-digit euro millions from U.S. tariffs in the second quarter.

The company also warned of a rise in the cost of its products in the United States of up to 200 million euros in the second half this year. It reported a quarterly rise in sales roughly in line with expectations.

(Reporting by Linda Pasquini in Gdansk and by Helen Reid in London; Editing by Matt Scuffham)

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