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Despite increased macroeconomic uncertainty, our Western markets maintained strong momentum in the second quarter. With Asia-Pacific resuming growth, markets accounting for more than 85% of adidas's revenue grew at a double-digit rate," said adidas CEO Kasper Rorsted. "With sports returning to the forefront this summer, revenues in our strategic growth categories Football, Running, and Outdoor all increased by double digits." However, the macroeconomic environment remains challenging, particularly in China. The recovery in this market is taking longer than expected due to ongoing covid-19-related restrictions. In addition, we must account for a possible slowdown in consumer spending in all other markets for the remainder of the year.
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