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Adidas faces supply chain and China headwinds: S&P Global Reggie Wade Sportswear giant Adidas (ADDYY) posted strong Q1 earnings, which saw the brand increase its overall currency-neutral revenues by 27% and its footwear sales by 31%. The German sportswear maker has now upgraded its full-year outlook with expectations that sales will now grow at a high-teens rate in 2021. However, there are still some causes for concern regarding supply chain management, which has bogged down some of the biggest sportswear retailers as of late, according to Christopher Rogers, Senior researcher at Panjiva, the supply chain research unit of S&P Global Market Intelligence.

United statesChristopher rogersRick helfenbeinAmerican apparel footwear associationWangfujing commercial streetBarcroft mediaGetty imagesSuez canalFinance panjivaChina salesAmerican apparelFootwear associationஒன்றுபட்டது மாநிலங்களில்கிறிஸ்டோபர் ரோஜர்ஸ்ரிக் ஹெல்ஃபென்பீன்அமெரிக்கன் ஆடை காலணி சங்கம்