German sports clothes, shoes and inventory manufacturer Adidas plans to expand. The company want to return fabrics to Europe. Adidas already started to build a factory in Germany, next location could be in Russia. Factories will be fully automated and produces approximately one million pairs of shoes per year. New factories will increase company’s income and positively affects on Adidas stock price.
Adidas company stock price increased by 25,8% since summer. This is a great trend for traders for making prognoses on stock growth. Trading will be available during the European session, from 7:00 to 15:00 GMT.
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