Adidas gets hit with rare double downgrade as BofA calls the end of the ‘casualization’ trend

Adidas shares stumbled on Tuesday, with the apparel maker’s stock the worst out of Europe’s top 600 stocks, after a brokerage issued a rare double-downgrade.

​Adidas shares stumbled on Tuesday, with the apparel maker’s stock the worst out of Europe’s top 600 stocks, after a brokerage issued a rare double-downgrade.