By  on November 8, 2010

BERLIN — Adidas aims to surpass Nike as the world’s leading activewear firm, with plans to grow revenues by almost 50 percent to 17 billion euros, or $23.85 billion at current exchange rates, by 2015.

“When we are focused, we are a formidable competitor to any brand that may choose to compete with us, and with this attitude we have established what is now a two-horse race for market leadership in our industry,” said Adidas Group chief executive officer Herbert Hainer.

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