Adidas shares fall amid concern the sporting-goods maker could lose ground to rival Nike
HERZOGENAURACH, Germany—Adidas AG said a supply-chain bottleneck in North America would prevent it from meeting demand for its products in coming months, sending shares down amid concerns the world’s second-largest sporting-goods maker could lose its footing in one of its most important markets.
Chief Executive Kasper Rorsted said the company didn’t have the manufacturing capacity to keep up with growing demand for its midprice apparel, a problem he estimated would cost the company between €200 million and €400 million ($225...
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