Adidas Increases Sales & Profit Targets For 2017; To Keep Investing Heavily In U.S. & To Boost E-Commerce Effort
March 08, 2017 at 09:56 AM EST
Adidas AG increased sales and profit targets on Wednesday, sending shares in the German sportswear firm to a record high as it pledged to keep investing heavily in the key U.S. market and do more to boost e-commerce sales.
