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Adidas raises guidance after Q2 sales surge 9%; revenue grew to 5.8 billion euros, operating profit increased 97% to 346 million euros, including 50 million euros from Yeezy sales

adidas leads circular fashion economy with T-REX project for textile recycling; aiming to transform supply chains, create design guidelines for durable products

Fashion industry often focuses more on circularity discussions than on actual redesign, execution, according to 2024 Kearney Circular Fashion Index; debates around material--like cotton versus polyester--continue without consensus on environmental damage

Euromonitor expects global sportswear sector to expand at CAGR of 6%-7% between 2024-2028 by retail value, but S&P estimates rated entities like Nike, Adidas and VF will grow by low-to-mid single digits in 2024-2025 due to high competition and soft demand

Benchmark of Singapore's specialty retail sector names Nike, Adidas, Dior, UNIQLO, Charles & Keith as overall leaders; study assessed 33 retailers from four verticals, including apparel and footwear, home and DIY, department stores, luxury: Incisiv

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