By  on August 5, 2009

PARIS — Adidas AG, the world’s second-largest sportswear company, on Wednesday reported a 93 percent slide in second-quarter net profits but reaffirmed its 2009 outlook and said the worst is over.

In a bid to make its organization more efficient, the German company also said it has reshuffled senior management duties, with chief executive officer Herbert Hainer taking on responsibility for global sales.

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