Adidas reported higher-than-expected fourth-quarter sales of 5.97 billion euros, driven by the sale of its remaining Yeezy stock, leading to a 19% revenue increase and an operating profit of 57 million euros. Full-year sales rose 12% to 23.7 billion euros, surpassing forecasts, with operating profit reaching 1.34 billion euros in 2024. CEO Bjorn Gulden expressed optimism for 2025, projecting high-single-digit sales growth and operating profit between 1.7 billion euros and 1.8 billion euros, despite challenges such as the phaseout of the Yeezy line and the need for innovation beyond popular styles like the Samba and Gazelle sneakers.
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Government vows to clean up Lake Windermere after beauty spot ‘choked’ by pollution
The government will pledge to “clean up Windermere” by ensuring “only rainwater” enters the polluted English beauty spot, part of a scheme to upgrade water infrastructure and boost economic growth using over £100 billion of private investment. Environment secretary Steve Reed and water minister Emma Hardy will visit Windermere as part of the Things Can Only Get Cleaner tour to address sewage pollution issues that threaten the area's natural beauty and economic potential, with a...
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