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[@HoPla_Invest](/creator/twitter/HoPla_Invest)
"Adidas is strong in wholesale channel. Adidas' sales multiple is 3-4x higher. Nike's sales multiple is 6-7x higher"  
[X Link](https://x.com/HoPla_Invest/status/1975660520788115482) [@HoPla_Invest](/creator/x/HoPla_Invest) 2025-10-07T20:32Z XXX followers, XX engagements


"$VFC is sales growth is flat in all channels. The company still has almost double Puma's $PUM sales multiple and a lot more debt"  
[X Link](https://x.com/HoPla_Invest/status/1975663935857533162) [@HoPla_Invest](/creator/x/HoPla_Invest) 2025-10-07T20:46Z XXX followers, XXX engagements