adidas Profits Jump 15 Percent
As we’ve noted before, 2016 has been a considerable year for adidas. After securing second position in the US athletic market, the Three Stripes continue to ascend financially, making a reported 15 percent jump in third-quarter net profits this year with total sales for the year up 14 percent. In addition, adidas achieved significant growth in every market except for Russia. The gains are believed to be driven by the strong performance across a number of lines including the Boost family, NMDs and the ever popular Originals collection.