Adidas to raise prices as US tariffs costs rise by €200m
Adidas to raise prices as US tariffs costs rise by €200m
The German sportswear giant sources most of its products from Vietnam and Indonesia.
Read the full article on BBC World
Truth Analysis
Analysis Summary:
The article appears to be factually accurate, with all key claims verified by multiple reliable sources. The reporting seems neutral, presenting the information without any apparent bias. The article accurately reflects Adidas's response to increased US tariffs.
Detailed Analysis:
- Claim: Adidas to raise prices as US tariffs costs rise by €200m
- Verification Source #1: Confirms the title and the core claim about price increases due to US tariffs costing €200m.
- Verification Source #2: Confirms the title and the core claim about price increases due to US tariffs costing €200m.
- Verification Source #3: Confirms that higher US tariffs would add around €200m to Adidas's costs.
- Verification Source #4: Confirms the title and the core claim about price increases due to US tariffs costing €200m.
- Verification Source #5: Confirms the title and the core claim about price increases due to US tariffs costing €200m.
- Assessment: Supported by multiple sources.
- Claim: The German sportswear giant sources most of its products from Vietnam and Indonesia.
- Verification Source #1: Confirms that Adidas sources most of its products from Vietnam and Indonesia.
- Verification Source #4: Confirms that Adidas sources most of its products from Vietnam and Indonesia.
- Assessment: Supported by multiple sources.
Supporting Evidence/Contradictions:
- Source 3: Adidas said today that higher US tariffs would add around €200m to its costs in the second half, having impacted its second quarter results
- Source 1: The German sportswear giant sources most of its products from Vietnam and Indonesia.