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Adidas partners with move-and-earn app Stepn to introduce limited-edition NFT sneaker collection, which includes 1,000 digital items; collection will be first of multiple co-branded activities during a one-year partnership that will also include wearables

Morgan Stanley upgrades Adidas to overweight from underweight, raises target by €60 to €235 and increases sales forecasts for 2024-2026, citing increased confidence in company's products and more favorable market backdrop

Packaging Design Wrap-Up: Adidas embraces April Fool’s Day with fake Box Shoe; art collective creates The Undrinkable Can as commentary against Coca-Cola; food packaging design for 7-Eleven Japan indicates ideal time to eat

Adidas posts first annual net loss in over 30 years, which it attributes to an 'extraordinarily high tax rate'; company says it has reduced inventories by almost €1.5B, has healthy inventories everywhere except the US

Infinited Fiber raises €40M in development financing round from new investors Inditex, TTY Management, Youngone and Goldwin, with H&M Group, adidas, BESTSELLER, and Zalando further reinforcing their long-term commitment as existing backers

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