In line with The Big a’s preannouncement last week, revenues bounced back in the first quarter, growing 13% to €6,153 million ($6,477 mm) from €5,458 million and resulting in a 152% jump in net income attributable to shareholders of €428 million ($451 mm) up from €170 million prior. Excluding Yeezy sales, the Adidas brand was up 17%. Wholesale drove the gains, increasing 18% to €3,999 million on strong sell-throughs and expanded shelf space in key retailers. Direct-to-consumer sales grew 6% to €2,163 million, including a 13% gain from owned brick-and-mortar on ... Log in to view full article.