Adidas warns that all US products will raise prices due to tariffs

Sports giant Adidas On Tuesday, US President Donald Trump said that the tariffs will result in price growth for all US products.

Despite the increase in the income in the first quarter of the global trade dispute, the company said that this global trade dispute will increase the prices, how much it will increase the prices.

“Higher tariffs will result in higher expenses for all our products for the United States market,” Adidas said.

The company said that in Beijing “somewhat was exposed” in white house tariffs – right now An effective ratio is 145% – However, it has already reduced its minimization of Chinese-made products to the United States. However, the biggest impact of the biggest impact is about all other countries obtained from the total increase in US tariffs Based mainly 10% Trade talks are underway.

“Given the uncertainty around the talks between the United States and the different exporters, we do not know what the latest tariffs will be will be,” Adidas continued.

“Therefore, we can not decide what to do.” This will increase due to higher tariffs, resulting, as a result, it is impossible to increase price growth, but this or that is currently it can affect the consumer requirement of our products. “

Adidas said he could not produce almost any product in the United States

Superstar, Sambas, Stan Smiths and James, including sportswear, as well as the best-known company, including sportswear, including factories Vietnam and Cambodia – In the absence of a trade deal, 40% of the United States faces the upside tariffs.

A similar dilemma related to price trips and demand strikes faces almost all retail enterprises that serve the United States Ultra-down e-retailers like Temu for Luxury giants like hermès.

Adidas without the cloud of US tariffs, the sense of a strong order and a positive brand feeling and resulting in a positive brand sense and resulted in operating profits gossip. Instead, he once again confirmed the existing outlook, but “the range of possible results increased,” he said.

Basically, in advance, net income from the ongoing operations, 155% in the first quarter 436 million euros ($ 496.5 million), 436 million euros above 383 million euros in the LSE consensus. Net sales in 6.7% of the operating margin rose to 6.15 billion euros, as 3.8% of the operation rose to 9.9%.

The company finally rocked with one-year headache with the controversial musician with Cut the connections on anti-Semitic comments in 2022. It was announced to be last month He sold the end of the Yeezy Foundation.

Deutsche Bank’s analysts celebrated Tuesday that Adidas, despite higher uncertainty, Adidas presented a good print with the company “in all areas.”

“So far, this year, Adidas, all regions and channels, the two-digit sales growth, direct consumer offer,” Mamta Valechha, Consumer Cheviot in Consumer Cheviot, noted.

“Shoes continue to be a strong performer, and consumers are also suitable for clothing for lifestyle. Adidas will continue in the face of economic uncertainty created by these trends in the United States, but we must wait and see before the full effects.”