Home » China Sports Industry » The sales of Adidas Group grow rapidly in the first three quarters of 2007 in Ch
Nov
30

According to the French Media report, the turnover of Adidas first three quarters growed 5%, pre-tax profit growed 11%. Regarding to the three owned brands, Nike’s sales grows 8%; the sales of Reebok reached 1.77 billion Euro, growed 2%, despite the impact of the United States market; only Taylor-Made-Adidasgolf was slightly lower.

Thereinto, the European sales rose 5%,but it growed more rapidly in Russia ,Turkey and China ,the growth is up to 35%,40% and 45% respectively. Adidas Group has treat China the most potential market. It sets its mind on increasing the turnover of China up to 1 billion euro.   

The Adidas also have a good expectation for the coming 2008. So far, its 2008 total orders has been increased 16% than 2007, which is mainly attributed to the forthcoming sports events: Beijing Olympics and European Soccer Championship.

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