Smaller declines posted by the brand in the U.S. in Q3sparked optimism that continued betterment might carry forward to H1 01. U.S.unit sales fell 10 per cent in Q3, up from a 30 per cent decline in Q2, asdomestic backlog improved slightly on a currency neutral basis (-7% footwear,-26% apparel) but remained negative. But management contends the North Americantransformation process is still ongoing, including the cleanup of distributionchannels, and H2 is a better bet for marked gains here. Overall, Adidas’management re-affirms the company’s commitment to push FY01 EPS up 15 per centon group topline improvement of 3 to 5 per ... Log in to view full article.