Herbert Hainer Archive

Second Quarter 2016 Results: adidas Group delivers outstanding financial performance in Q2 2016

Herzogenaurach, August 4, 2016 Major developments in Q2 2016 Group sales increase 21% on a currency-neutral basis, driven by ongoing strong momentum at adidas (+25%) and Reebok (+7%) Top-line growth accelerates in Western Europe (+29%) and North America (+26%); Greater China (+30%) is fastest-growing region Gross margin grows 0.5pp to 48.8% Operating margin climbs 3.4pp

adidas Group announces preliminary results and increases 2016 financial outlook

July 28, 2016   Herzogenaurach – The adidas Group today announced preliminary results for the second quarter of 2016.   Group revenues increased 21% on a currency-neutral basis and 13% in euro terms to € 4.4 billion. As a result of a higher gross margin as well as operating expense leverage, Group operating profit increased

adidas Group lays foundation stone for expansion of World of Sports

Herzogenaurach, July 13, 2016 – The adidas Group today officially laid the foundation stone for two new employee buildings at its headquarters in Herzogenaurach. `Campus Expansion South’ is a further key prerequisite for the company’s continuing growth and includes a new office building for more than 2,000 employees as well as an events building with

adidas Group Completes Divestiture of Mitchell & Ness

July 1, 2016 Herzogenaurach, Germany / Philadelphia, Pennsylvania, United States – The adidas Group announced today that on June 30 it has formally completed the divestiture of its Mitchell & Ness business to a newly formed entity primarily owned by Juggernaut Capital Partners. The achieved initial closing represents the first important step to carve out

adidas and DFB extend partnership until 2022

Paris/Frankfurt/Herzogenaurach, June 20, 2016 – One of the longest and most successful partnerships in sport continues: Today, the German Football Association (DFB) and adidas officially announced the extension of their long-term partnership. DFB President Reinhard Grindel and Herbert Hainer, CEO of the adidas Group, confirmed in Paris that adidas will remain the Official Supplier of

adidas Football focuses on consumers, wins market share and expects record sales in 2016

Herzogenaurach/Paris, June 16, 2016 – adidas today announced that its football business is expected to reach new record sales of EUR 2.5 billion in 2016. One year after relaunching its football footwear offering, the brand is reporting market share gains across Western Europe, especially in key cities.   “We are on track to achieving sales