Retail in Asia

In Sectors

Adidas sales in China down 15pc in 1Q10

The world’s leading sports supplies provider Adidas has published its performance for the first quarter in 2010, stating that its sales in Greater China were EUR198 million (USD243.3 million), a year-on-year decrease of 15 percent; and the decrease reached 20 percent if currency factors are taken into consideration.

For the reporting quarter, the Greater China area is reportedly the worst among Adidas’s worldwide markets.