ADIDAS CAN-DO: Adidas-Salomon chief executive Herbert Hainer said in a published report Thursday that the firm is on track to meet its objective of a 5 percent sales gain, to about $6.6 billion, for the just-concluded year. Net income is expected to rise 5 to 10 percent. The company, which said it had exercised its option to acquire Maxfli golf balls and accessories through its TaylorMade-Adidas Gold division, is scheduled to report full-year results on March 11.
This story first appeared in the January 3, 2003 issue of WWD. Subscribe Today.