Adidas China reports 26% growth as Asia Pacific also increases 15% in Q1
Adidas China has continued its growth trajectory reporting a 26% increase year-on-year, as the Asia Pacific region also increases 15% in the first quarter of 2018.
China was once again the sportswear brand’s best performing market, contributing to a 17% increase in net profit to $650m.
The Q1 results mark the first financial reporting since Adidas integrated its key markets of Greater China, Japan, South Korea and Southeast Asia-Pacific to one operating market Asia-Pacific.
Colin Currie, m
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