ADIDAS ISSUES PROFIT WARNING ON SOFTER GOLF BIZ.
AUGUST 3, 1998 - VOL 15, NO 30
ADIDAS ISSUES PROFIT WARNING ON SOFTER GOLF BIZ.
Pre-tax income for the first half ended Jun. 30 is now expected to rise by just 8 per cent, indicating a second quarter net of DM 44 million ($24.65 mm) compared to DM 69 million last year. Adidas-Salomon shares fell 12 per cent on the news to DM 245.4 ... Log in to view full article.