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Ahead of an investor workshop, Adidas said in a statement it
expected higher input costs and currency effects to push down
its 2016 gross margin by 50-100 basis points, although it
reiterated its operating margin should stay stable.
"We are optimizing our processes throughout the group and along
the entire supply chain to drive further efficiency gains and we
are continuing our structured hedging approach," said Chief
Financial Officer Robin Stalker.
(Reporting by Emma Thomasson; Editing by James Regan)
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