Adidas CEO predicts 20% growth in China
07/02/2011
In a television interview, Mr Hainer predicted growth of 15 to 20% annually in China over the next five years.
Adidas will exceed EUR1 billion in revenue ($1.36 billion) in 2011, Mr Hainer said. The German company, which created a subsidiary in Egypt three years ago, will continue to operate in the country even after some stores were plundered, the CEO said.
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