Business · Companies · 1 hr ago

Adidas targets outdoor sports and street dance to grow in China

Adidas targets outdoor sports and street dance to grow in China

Adidas chief executive Bjorn Gulden says the company sees growing interest in running, outdoor activities and street dance in China.

He spoke to reporters in Shanghai on Sunday.

Adidas is looking to appeal to young people, including university students, with clothing linked to these activities.

The company plans to open more stores and strengthen its online business in China.

It faces competition from international brands such as Nike and Puma, as well as Chinese companies including Anta and Xtep.

Adidas said its sales in China rose 13 per cent last year to US$4.2 billion.

Sources

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