Adidas surpassed himself
28.11.2012 4573

Adidas surpassed himself

The success in Russia of the German sports goods manufacturer Adidas exceeded the company's expectations, Deutsche Welle reports. As the head of the concern Herbert Heiner said in an interview with the Welt am Sonntag newspaper, by the end of this year, Adidas’s turnover in Russia will exceed one billion euros. “Thus, we will achieve our goal a year earlier than planned,” he added.

According to Heiner, in Russia, the company is reaping the benefits of a decade of preparatory work. In Soviet times, the company provided equipment for athletes from the USSR, and today the concern in Russia has significantly more stores than its competitors, and they occupy the best retail facilities. According to Herbert Heiner, Adidas expects the greatest dynamics from the Russian, Chinese and North American markets.

The success in Russia of the German sports goods manufacturer Adidas exceeded the company's expectations, Deutsche Welle reports. As the head of the concern Herbert Heiner said in an interview with the Welt am Sonntag newspaper, ...
5
1
Rating

Latest News

Ralf Ringer opened an outlet in his own factory building.

Russian footwear brand Ralf Ringer announces the opening of a new flagship outlet in Moscow. This unique 500-square-meter space, located within its own factory, is located at 18 Otkrytoye Shosse, Bldg.…
14.11.2025 173

Sportmaster Group has closed its Urban Vibes retail project.

Sportmaster Group has closed its Urban Vibes retail project, which launched in 2020. All 17 stores of the multi-brand sportswear chain and the Urban Vibes online store have ceased operations. Experts believe the retail chain is not…
14.11.2025 196

Geox's revenue fell 6,2% in the first nine months to €492,8 million.

Geox's revenue for the first nine months of 2025 was €492,8 million, down 6,2% from the same period in 2024. Excluding the closure of subsidiaries in China and the US, the decline was…
14.11.2025 203

The first Casa Loewe boutique opened in Paris.

Spanish luxury brand Loewe has opened its first boutique, Casa Loewe, in France on Avenue Montaigne, Paris's most prestigious shopping street.
13.11.2025 318

Golden Goose is being acquired by Chinese company HSC – HongShan Capital for 2,5 billion euros.

Negotiations that could lead to the transfer of luxury sneaker brand Golden Goose from its current controlling shareholder, British fund Permira, to Chinese fund HSC – HongShan Capital are nearing completion, writes…
12.11.2025 720
When you sign up, you will receive weekly news and articles about the shoe business on your e-mail.

To the beginning