Adidas Group

The COVID-19 outbreak brought a huge hit for the world's largest sports brands, with thousands of their shops closed amid coronavirus lockdown in the first half of the year. Although third-quarter sales showed signs of recovery, the year-to-date revenue losses still count in billions of euros. According to data presented by SafeBettingSites.com , Adidas Group, as one of the largest and most recognizable sportswear and sporting goods manufacturers in the world, lost €3.5bn in YTD revenue amid the COVID-19 crisis, the severest loss among the top three sports brands. Q3 ...