A huge rebound in Greater China powered the first quarter, as net income attributable to shareholders expanded to €558 million ($665 mm) from just €31 million last year, on 20% higher revenues of €5,268 million ($6,279 mm) up from €4,381 million, that were up 27% in local currencies. Sales would have been up in the mid-30s, Adidas avers, were it not for the Covid flare-up in Europe and industry wide supply chain challenges that included U.S. port backups, the Suez canal blockage and global container shortages. Greater China was broken out from Asia-Pacific for the first time, reflecting its enormous, ... Log in to view full article.