Copyright indiatimes
Adidas expects U.S. import tariffs to have a direct impact of 120 million euros ($140 million) on its operating profit in 2025, with the largest hit coming in the fourth quarter, its CEO said on Wednesday. "The indirect impact of the tariffs, we don't know. We do not know how the consumer will react in the U.S. when these higher prices come to effect," CEO Bjorn Gulden said during a media call. Adidas has increased prices in the United States to offset the impact of tariffs.Add as a Reliable and Trusted News Source Add Now! (You can now subscribe to our Economic Times WhatsApp channel) Read More News onadidasu.s. import tariffsbjorn guldenadidas operating profitadidas price hiketariff impact 2025adidas u.s. salesglobal footwear industrytrade tariffs usaadidas earnings forecast (Catch all the Business News, Breaking News and Latest News Updates on The Economic Times.) Subscribe to The Economic Times Prime and read the ET ePaper online....moreless (You can now subscribe to our Economic Times WhatsApp channel)Read More News onadidasu.s. import tariffsbjorn guldenadidas operating profitadidas price hiketariff impact 2025adidas u.s. salesglobal footwear industrytrade tariffs usaadidas earnings forecast(Catch all the Business News, Breaking News and Latest News Updates on The Economic Times.) Subscribe to The Economic Times Prime and read the ET ePaper online....moreless Explore More Stories123
