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Adidas warns it will raise prices on all U.S. products due to tariffs

  • Adidas announced it will raise prices for all of its U.S. Products due to increasing tariffs from U.S. Trade policies, as stated by CEO Bjorn Gulden.
  • The company reported a net profit increase of 428 million euros in the first quarter, despite tariff challenges.
  • Tariffs from the U.S. Are impacting Adidas's operations, especially since most of its production is in Asian countries like China and Vietnam.
  • Adidas is experiencing market uncertainties and cautioned that these could negatively affect its performance later in the year.
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Portfolio.hu broke the news in on Tuesday, April 29, 2025.
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