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Adidas ups guidance but cuts 14% of golf unit jobs

2015-11-05 11:04:00| Daily apparel & textile news and comment - from just-style.com

German sportswear giant Adidas Group has upped its full-year guidance thanks to higher third-quarter sales, but revealed plans to cut 14% of the workforce at its struggling TaylorMade golf division in a bid to boost earnings. 

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