Adidas expects to roll out the first products from its Beyoncé collaboration by the end of the year
BERLIN—Adidas AG said it was on track to resolve supply-chain issues affecting sales in North America by the end of the year, easing concerns that the sportswear maker could stumble in its sales race against rivals Nike Inc. and Under Armour Inc. in the world’s most important athletic gear market.
Chief Executive Kasper Rørsted said the German company had increased its use of airfreight to speed up shipping of midprice apparel, demand for which is growing, especially in the U.S.
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