SHANGHAI — Adidas chief executive officer Herbert Hainer said Monday the athletic goods group expects to continue posting double-digit sales growth in China each year through 2015.
While declining to disclose figures ahead of the March 7 release of 2011 full-year results, Hainer, in town to visit a new three-story flagship in the city’s central shopping district, highlighted the importance of the region in Adidas Group’s development. The Greater China market was the company’s most successful in the first nine months of 2011, with sales rising 28 percent to $1.183 billion.
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