adidas: the German sports equipment manufacturer aims for 10% annual growth until 2020
The adidas Group aims to increase its turnover by 10% annually from now until 2020, announced Herbert Hainer, the CEO of the group during the presentation of the 2016-2020 strategic plan to the shareholders of the German brand, on 26/03/2015. adidas also wants to increase its net profit by 15% each year. It reached €490m in 2014.
The group...