Finish Line could not be more happier that they are a retail partner of adidas! Why? They just reported that they have surged the most it has in the past 7 years. They managed to surpass the first-quarter expectations.
Finish Line CEO Sam Sato mentioned that adidas was one of the main reasons Finish Line is increasing their business.
?We continue to experience explosive growth in our Adidas business, The Adi brand itself has a ton of momentum. The excitement around that brand globally is very high, and it?s no different in the States.?
Popular shoes such as the Ultra Boost, NMD ans Stan Smith have all had a helping hand in the current success of Finish Line. Bloomberg also reports that Finish Line defied a global stock market rout this week, going up as much as 21% in wake of the U.K.’s Brexit. This increase marked their largest intraday gain since December 2008. Finish Line is pretty pumped about this considering that they recently decided to closer many of their stores due to poor quarter reports.
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