The new boss of Adidas increased sales and profit targets on Wednesday, sending shares in the German sportswear firm to a record high as he pledged to keep investing heavily in the key U.S. market and do more to boost ecommerce sales. The more ambitious targets will maintain the pressure on U.S. rivals Nike and…

http://fortune.com/2017/03/08/adidas-nike-under-armour-pressure/

Advertisements