Adidas CEO praises local strategy as sales reach record high

This story was originally published on Retail Dive. To receive daily news and insights, subscribe to our free daily Retail Dive newsletter. Dive Brief: Despite the impacts of a stronger euro, Adidas reported record-high revenue of 6.6 billion euros ($7.6 billion at press time) in Q3, up 3% year over year. Ignoring the 300-million-euro impact from currency fluctuations, sales were up 8%, per the retailer. In the midst of a U.S. growth strategy, sales in North America fell 5% in the quarter, though they ...