Under heavy tariff pressure, Adidas incurred losses of millions of euros in Q2 and warned that costs may soar by 200 million euros in the second half of the year.

date
31/07/2025
According to the financial news app Jitong Finance, the financial report data released by the German sportswear manufacturer Adidas on Wednesday showed that the company's overall performance in the second quarter was hit by losses of tens of millions of euros due to the global tariff policy of the Trump administration. In addition, Adidas also warned that in the second half of this year, the overall cost of all sports products sold in the US may increase by up to 200 million euros (approximately 2.31 billion US dollars).