Net income attributable to shareholders declined 15% to €546 million ($639 mm) from €646 million in the third quarter, on 7% lower revenues of €5,964 million ($6,975 mm) down from €6,410 million, which represented a decent sequential improvement from its 35% plunge in Q2. The top line suffered from the stronger euro against the dollar and renminbi, and would have been down just 3% constant currency including a 2% decline in brand Adidas and a 7% drop from Reebok. Expectations for the Big a’s rebound were no doubt elevated by Nike’s blowout results in its Aug. quarter. Combined with a ... Log in to view full article.