HERZOGENAURACH, GERMANY: Adidas expects supply chain issues to curb sales growth in the first half of the year, particularly in North America, where it has doubled its business in the last three years to take market share from bigger rival Nike.
But chief executive Kasper Rorsted said on Wednesday its suppliers have not been able to keep up, especially as Adidas has expanded from high-end products into more mid-priced clothing ranges in the US.
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