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Adidas Shares Plunge After World Cup Spend Dents Profit
via Business of Fashion · July 30, 2026

Adidas Shares Plunge After World Cup Spend Dents Profit

Shares in the company fell the most on record after its marketing outlay for the World Cup resulted in lower-than-expected quarterly profit.

The Story

Adidas shares fell the most on record after the German brand’s marketing spending for the football World Cup resulted in lower-than-expected quarterly profit.

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