Retail in Asia

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adidas sees strong sales in China

Sportswear group adidas said sales in China grew 10 percent in 2014 to EUR1.81 billion (USD1.97 billion) as its core products performed strongly.

The company aims to drive further growth by opening special segment stores. The first specialty store for outdoor sportswear is set to open in the first quarter of this year, Colin Currie, managing director for Adidas Group China, said in a media briefing in Shanghai on Monday.

(Source: Shanghai Daily)