However, it was expected by Herbert Hainer who the president of the group that just like 2012, the company will set a record on its turnover and profit in the next year. It was announced by Adidas Group on Thursday (November 8) that there was a fourteen percent increase on the surplus of the group and reached to 344 million euros from this year's June to September. The turnover rose eleven percent and reached to 4.2 billion euros. And this realized the market expectation before. An analyst has been interviewed by Reuters, and it was expected by him before that the average turnover in the third quarter of Adidas group will be 4.15 billion euros and the net earnings will reach to 335 million euros.
Stephen Lars is a prominent sports blogger and currently covers the NBA news, previews and handicaps for the BetIAS' . You may reprint this article in its full content, please note
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The greatest development of Nike came from the program of sandwich crackers sole in 1975. The rubber nails on its soles make it more flexible than any other shoes sold in the market, meanwhile, the popularity of sandwich crackers soles and rapid expansion of the sneakers market
Nike TN Requin help Nike to reach its sales to 14 million Us dollars in 1976. However, it is sales in 1972 was only two million US dollars and its sales went up quickly from 1976. Today, Nike's annual sales are more than 3.5 billion US dollars and having 26 percent in sports shoes market, it has become the leader in this industry.
