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via retaildive.comBusiness & Companies

What Adidas Q3 reveals about the broader footwear market

FROM THE WIRE · RETAILDIVE.COM

CEO Bjørn Gulden acknowledged difficulties in the lifestyle footwear market but said growth won’t happen until “the market is clean.”

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralThe CEO's comments on lifestyle footwear matter for the sector, with an uncertain outlook.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01CEO Bjørn Gulden acknowledged difficulties in lifestyle footwear.
  2. 02Growth will not come until the market is clean.
  3. 03The CEO said the situation will normalize.

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