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Adidas CEO Concerned About China-U.S. Currency War

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Date: 2019-08-08 08:35:02

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Aug.08 — Kasper Rorsted, chief executive officer of Adidas AG, discusses second-quarter operating profit which missed estimates, squeezed by the cost of flying clothing from Asia to North America to fill a supply gap. He also discusses the negative consequences of a China-U.S. currency war during an interview on “Bloomberg Markets: European Open.”

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