The decline stemmed from reduced wholesale figures but was mitigated by an uptick in own retail and e-commerce sales, reflecting the brand’s strategic emphasis on direct consumer engagement. The strategic shift aligns with evolving retail dynamics, showcasing Adidas UK’s adaptability. Despite challenges, the company’s positive gross profit and sustained consumer demand in 2023 underscore its resilience in a dynamic market. Explore Adidas UK’s evolving strategies and solid performance in the face of changing retail landscapes.
