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Event Brief

Adidas Faces Double Downgrade Amid Casualization Decline

Adidas shares fell sharply after a rare double downgrade by BofA, signaling the end of the casualization trend.
WHO: Adidas
WHAT: Double downgrade of stock
WHEN: Jan 5, 2026 at 7:00 PM ET
WHERE: Europe
WHY: End of the casualization trend
Sources (1): MarketWatch

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