Adidas says China sales back to growth faster than expected
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BERLIN (Reuters) - German sportswear firm Adidas said on Thursday that sales had returned to growth in greater China faster than it had expected after the coronavirus lockdown, while the reopening of business in Europe and the Americas was going more gradually.Adidas stuck by guidance it gave in April for a possible 40% fall in second-quarter sales and a drop in second-quarter operating profit of more than 100 million euros ($112.05 million) and said it would give more details with results due..