Adidas warns that political uncertainty create 'considerable risk,' FT reports Adidas CEO Herbert Hainer has warned that the political uncertainty in Ukraine and the fall in the Russian rouble are creating "considerable risk" for the company, the Financial Times reports. Hainer says the company is likely to suffer negative effects from the turmoil. Reference Link
adidas upgraded to Buy at UBS As reported previously, UBS upgraded adidas to Buy from Neutral. The firm said the upgrade was driven by greater conviction on the outlook for Western Europe and an improving view on the rest of its business.