Adidas (ADDYY.PK) cuts its 2012 sales forecast to a high single-digit gain in sales after...

|By:, SA News Editor

Adidas (ADDYY.PK) cuts its 2012 sales forecast to a high single-digit gain in sales after previously forecasting double-digit growth. It's been a sour year for the company with demand for Reebok shoes faltering and the National Hockey League lockout affecting sales.