Adidas Upgrades Outlook for 2021 With Sales Expected to Grow Almost 20%

LONDON — Adidas is more confident about sales this year as it notes stronger-than-expected demand for its products and a "healthy brand momentum." The German sportswear retailer expects currency-neutral sales to rise at a "high-teens" rate this year, with a "significant" acceleration already in the second quarter, the company said on Friday.