Adidas says World Cup to push sales to 2 billion euro target


HERZOGENAURACH Germany (Reuters) - German sportswear firm Adidas expects to meet its target for 2 billion euros (1.60 billion pounds) of soccer sales this year as the World Cup fires demand for its shirts, boots and balls, it said on Tuesday.

"I can confirm that we will reach the 2 billion euros for the first time in the history of our company," Adidas Chief Executive Herbert Hainer told a news conference. Adidas, which has long dominated the market for soccer gear, is facing a challenge from Nike, the world's biggest sportswear company that has only been a serious player in soccer for the last 20 years.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Football

Soccer-Maradona's children call for moving body to mausoleum for safety and tribute
Soccer-Leverkusen players easily motivated but cautious, says Alonso
Soccer-Chelsea's Gallagher makes his mark again despite uncertain future
Soccer-El Kaabi hat-trick hands Olympiakos upset away win at Aston Villa
Soccer-Marseille and Atlanta play out 1-1 draw in Europa League semi
Soccer-Leverkusen earn 2-0 victory at Roma in semis first leg
Soccer-Iraq secure Olympic berth as Jasim's extra-time strike downs Indonesia
Soccer-Chelsea dent Tottenham's Champions League hopes with 2-0 win
Soccer-US defender O'Hara announces retirement
Soccer-PSG's Hernandez set to miss Euros with ACL injury

Others Also Read