098 million euros to 1
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ANALYSIS_Germany-based Adidas has blamed its 11 percent drop in revenues for the first half of its fiscal year on the "lacklustre trading environment" and tough trading conditions across Europe, its main market. Adidas’s 11 percent decline in western European sales is “a point of concern,if they haven't already,” commented the news for Bloomberg Ingbert Faust,Cheap Apple ipad 2 for sale,learning where to run, an analyst at Equinet Bank,Cheap SAMSUNG GALAXY NOTE 2 for sale, who has an accumulate rating on the shares. While sales are likely to improve in the remainder of the year,and get it done., rival “Nike’s strong market presence with the footwear products Free and Air seems to become increasingly a challenge for Adidas.”
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The group’s revenues in Western Europe fell from 2,098 million euros to 1,discount Intel Core i7 Processor CPU buy,907 million on a year on year basis. It is noteworthy that this market accounts for 9 percent of the business for the athletic wear company, while revenues in European emerging markets dropped by 2 percent. Revenues in the Chinese and Latin American markets have grown however, by 7 percent and 9 percent respectively.