March 4, 2026

Adidas

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Adidas shares slide after weak 2026 outlook; company says Middle East war impact unclear

contact@dailyupdatesindia.com03 mins

German sportswear giant Adidas shares fell sharply on Wednesday after the company issued a weaker-than-expected outlook for 2026, while warning that the business impact of the escalating Middle East conflict remains uncertain, AFP reported.The maker of Gazelle and Samba trainers said it expects operating profit to rise to 2.3 billion euros ($2.7 billion) in 2026…

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India’s fashion appeal changes! Uniqlo, Nike gain ground; M&S, Adidas & others see muted growth

contact@dailyupdatesindia.com03 mins

India’s western fashion market is seeing mixed results after the strong post-pandemic boom. While some global brands are struggling with slower demand, others are continuing to grow. Brands like Marks & Spencer, Benetton and Adidas are facing weak sales, while Uniqlo and Nike are expanding their footprint. At the same time, Zara’s growth has remained…

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