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Italy’s footwear turnover, production and exports down in 2020

The latest figures from Confindustria Moda Research Centre for Assocalzaturifici (the Italian Footwear Manufacturers’ Association) show that in 2020 the Italian footwear industry saw a 25.2% decrease in turnover to €10.72 billion, a 27.1% fall in production to 130.5 million pairs of shoes, and a drop in exports by 14.7% in value and 17.4% in volume as a consequence of the Covid-19 pandemic.

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Solid results for Adidas in 2019

The international sportswear manufacturer has posted currency-neutral revenues up 6% in 2019, but expects gross margin in 2020 to be significantly impacted by unfavourable currency developments as well as negative effects from higher sourcing costs.

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Double-digit growth for Adidas in Q1

Currency-neutral revenues increased +10% in the first quarter of 2018 for the global sportswear brand, with e-commerce once again as the fastest-growing channel (+27%).

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U.S. and China drive Adidas Q3 sales

Third quarter 2017 sales are reported to have continued to deliver strong financial performance, with sales in Greater China and North America increasing at double-digit rates.

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2016 an exceptional year for Adidas

The international sportswear giant has posted record sales and earnings in 2016 with double-digit growth in nearly all market segments; attributed to the “Creating the New” strategy developed by the Group.

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Sales up at Adidas Group

Adidas Group second quarter revenues increased 10% on a currency neutral basis driven by double digit sales in wholesale and retail. However, Group margins decreased 0.9% to 49.2% (2013 50.1%).

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