About: http://data.cimple.eu/news-article/999095fe3815c01c322e8b42fc79413e76f58d5e7d45334e814957ac

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About: http://data.cimple.eu/news-article/999095fe3815c01c322e8b42fc79413e76f58d5e7d45334e814957ac Goto Sponge NotDistinct Permalink

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rdf:type	schema:NewsArticle
schema:articleBody	Adidas reported Monday worldwide sales plummeting in January-March, but lively demand for its striped flip-flops as a low-effort shoe for around the house has offered a slap of relief. Known as "Adilettes", the German brand's ultra-casual footwear are more usually seen around the pool or in gym locker rooms, or on the street by fashionistas. But as coronavirus lockdowns slammed into effect around the world, demand for flip-flops surged by "triple-digit" percentages in April compared with the average in recent months, chief executive Kasper Rorsted said. The leap is "probably because people find that this is a super product to wear at home," Rorsted mused about the footwear, which starts from around 20 euros ($21.7). Adidas also booked "record sales" of yoga mats during the first three months as practitioners look to stay limber under lockdown. Around the world, the group's online sales leaped 55 percent in March, as stores in Europe and North America shut down just as Chinese branches reopened following a month of closure. But across the first quarter, profits slumped 95 percent, to 31 million euros, and Adidas was unable to offer financial forecasts for the full year. jpl/tgb/mfp/jh
schema:headline	Flip-flops, yoga mats salve Adidas' lockdown misery
schema:mentions	Jet Propulsion Laboratory Flip-flops Adidas North America Shoe Yoga Europe Lockdown China Coronavirus The Leap, Queensland Limbers and caissons
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-04-27 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	positive sentiment
http://data.cimple...readability_score	81 (xsd:integer)

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