Adidas Cuts Reebok Revenue Forecast

Adidas AG, the world’s second-biggest sporting-goods maker, lowered its 2015 forecast for sales at the Reebok brand, taking the shine off increased revenue goals in all other parts of the business.

Full Show: Bloomberg ‹GO› (07/26)
06:09 - Bloomberg ‹GO› hosted by David Westin, Jonathan Ferro, and Alix Steel. Guests include Michael Purves, chief global strategist at Weeden & Co., U.K. Minister of State for Trade and Investment Mark Price, John Lechleiter, chairman, president and chief executive officer at Eli Lilly, Ellen Zentner, chief U.S. economist at Morgan Stanley, Libby Cantrill, executive vice president at Pimco, Will Slabaugh, restaurant industry research analyst at Stephens, Brian White, senior equity research analyst at Drexel Hamilton, Steven Ricchiuto, chief economist at Mizuho Securities, and Bob Michele, global chief investment officer at JPMorgan Asset Management. (Source: Bloomberg)
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