We all know adidas is winning, but when it comes to numbers, how much does “winning” equate to? The latest news reports that adidas sales has increased by 18.9% ($6.04 billion USD) in the first quarter of 2017. In return, this also means that the operating profit has also risen by 28.8% to $637.3 million USD.
It is also being reported that this was driven by increased sale in every part of the world, with the exception of Russia. The two countries with the biggest increases was North America (31%)and China (30%).
adidas? chief executive officer, Kasper Rorsted, also pointed out that that growth they’ve experienced was thanks in large part to ?consumer demand for our products was strong across the world.?
2016 was a record-breaking year for adidas. If they keep going down the same path this year, 2017 will also be a “new” record breaking year and could also very well be the first year that adidas profits break the $1 billion USD mark. Winning.
According to NPD?s Sports Industry Analyst Matt Powell, the five shoes that the spearheaded the first quarter growth of 2017 was the adidas Originals Superstar, the adidas NMD, the adidas Tubular Shadow, the adidas Alpha Bounce and the adidas Originals Stan Smith. How many of you own any of the pairs listed above?
via: WWD
The post These Are The Five Top Shoes The Helped adidas Sales Experience Growth During First Quarter Of 2017 appeared first on KicksOnFire.com.























































