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adidas brand reports strong quarter results

adidas branded products generated third quarter revenue of $6 billion.

Sportswear giant adidas has logged revenue of $6.57 billion (£5.1 billion) in the third quarter of 2018 – an 8 per cent increase compared to the same period of 2017. The adidas brand generated revenue of some $6 billion (£4.66 billion) – a growth of 9.8 per cent. According to a company spokesperson, this was achieved by growth in the sales of its ‘Sport Performance’ collection featuring, among other products, training and running gear.

Publishing Data

This article was originally published on page 3 of the December 2018 issue of SATRA Bulletin.

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