Adidas warns Trump tariffs will put up US shoe prices

Company had strong first quarter but says it cannot raise outlook for this year owing to tariffs uncertainty

Adidas has said the price of its popular trainers, including the Samba and Campus models, is likely to rise as a result of Donald Trump's tariffs.

The German group said the uncertainty around US import tariffs had prevented it from raising its outlook for sales and profit this year despite reporting strong first-quarter results.