Corrected: Adidas is entitled to refund of $300 mln from US tariffs, CEO says

adidas AG

07/05/2026 12:21

Corrects currency to U.S. dollars from euros in headline and first paragraph

MUNICH, May 7 (Reuters) - Adidas ADSGn.DE CEO ​Bjorn Gulden said the company would be entitled to a refund of $300 million (not euros) from U.S. tariffs after the Supreme Court struck down the government's emergency levies.

"We haven't booked it yet, but there's a very good chance it will happen," he said, speaking in German at a shareholder meeting on Thursday.

 (Reporting by Alexander Huebner, writing by Linda Pasquini
Editing by Madeline Chambers)

 ((linda.pasquini@thomsonreuters.com; +48 58 7785261;))