Adidas increased revenue in all countries except Russia
07.05.2015 3459

Adidas increased revenue in all countries except Russia

Adidas announced revenue growth for the first quarter in all countries except Russia, where rates fell by 34%. The German manufacturer of sporting goods is incredibly popular in Russia, so the fall of the ruble in recent months has been very sensitive for Adidas.

In general, a successful start to the year allows Adidas to confirm its forecasts for the 2015 year.

The Group adheres to its forecast for 5% turnover growth excluding changes in the exchange rate. The gross margin of the group should remain the same or increase slightly, reaching the mark of 47,5-48,5% of the total. The net profit received only from the revenue of brands that will remain in the group (Adidas wants to sell its Rockport shoe brand) should increase by 7-10%.

Adidas announced revenue growth for the first quarter in all countries except Russia, where the numbers fell 34%. The German sporting goods manufacturer is incredibly popular in ...

Latest News

OR GROUP: In January, Westfalika's online sales reached 62 million rubles.

OR GROUP reports that in January 2021, the share of online sales in the revenue of the marketplace created on the basis of the Westfalika retail network increased by 23,4%. Online sales reached RUB 62 million. The assortment of the trading platform (retail chain and ...
26.02.2021 154

Brunello Cucinelli has diluted a cozy boho style with outdoor shoes

In the new women's collection of the Italian luxury brand Brunello Cucinelli, which was presented online at Milan Fashion Week on February 24, multi-layered cozy garments made of knitwear, cashmere, mohair and silk are unexpectedly combined with ...
26.02.2021 195

Euro Shoes Premiere Collection will begin work on March 1 at the Main Stage art space

Moscow's leading Professional International Footwear Exhibition Euro Shoes Premiere Collection will be held in the capital from March 1 to 4. We remind you that the exhibition is held in the Main Stage art space (Sharikopodshipnikovskaya st., 13, p. 33).
25.02.2021 219

Shoes Report Youtube Channel: Interview with Sales Director Marco Tozzi, Eldar Schaffner

Eldar Schaffner, Sales Director of Marco Tozzi in Russia, spoke with Shoes Report editor Marina Shumilina about the specifics of the 2020 crisis, a new collection, new strategic decisions and plans for the future.
25.02.2021 210

Econika created a light mood in the spring-summer 2021 season

In the spring-summer 2021/22 season, the Econika shoe and accessories brand has released a delicate, feminine and not boring collection. Without abandoning their love for creative experiments with forms, the brand's designers have kept the right balance. Pleased with the presence ...
25.02.2021 508
When you sign up, you will receive weekly news and articles about the shoe business on your e-mail.

To the beginning