German sportswear giant Adidas reported on Wednesday a net loss for 2023 and noted that revenues for North America will most likely struggle into 2024.
Total revenue for Adidas declined 5% in 2023, totaling around 21.5 billion euros, with the company posting a 75 million euro loss attributable to shareholders for the year and a 379 million euro loss in the fourth quarter, according to the results.
