Home / Knowledge / News / Apparel/Garments / Revenue up 16% to €16.915 bn in 2015 at Adidas
Revenue up 16% to €16.915 bn in 2015 at Adidas
Mar '16
Courtesy: Adidas Group
Courtesy: Adidas Group
Adidas Group, a Germany based sportswear giant, reported a rise of 16 per cent to €16.915 billion in its total revenue in the year 2015 as compared to €14.534 billion in 2014 mainly because of a growth in revenue in the brands Adidas and Reebok in most of the markets, according to a press statement released by the company.

On a currency-neutral basis, revenue grew by 10 per cent at the Adidas Group. Revenue increased by 12 per cent on a currency-neutral basis at Adidas brand and by 6 per cent on a currency-neutral basis at Reebok brand. Revenue, however, decreased by 13 per cent on a currency-neutral basis at Taylormade- Adidas Golf brand.

Gross profit increased by 18 per cent to €8.168 billion in 2015 at the Group as compared to €6.924 billion in 2014. Gross margin at Adidas Group increased 0.6 percentage points to 48.3 per cent as compared to 47.6 per cent in 2014.

Its net income from continuing operations increased 22 per cent to €686 million in 2015 from €564 million in 2014. Excluding the goodwill impairment losses, net income from continuing operations was up 12 per cent to €720 million as compared to €642 million in 2014.

Commenting on the results, Herbert Hainer, CEO of Adidas Group said, “2015 was a very successful year for Adidas Group. We reached all our major financial goals and exceeded our initial top- and bottom-line targets.”

“Our products are in high demand with consumers in every part of the world. This gives us every confidence that we will again grow the top- and bottom-line at a double-digit rate this year,” he added. (MCJ)

Fibre2Fashion News Desk – India

Must ReadView All

'Requirement of polyester filament yarn is increasing'

Textiles | On 19th Jun 2018

'Requirement of polyester filament yarn is increasing'

The requirement of polyester filament yarn (PFY) is increasing as it...

Courtesy: SAC

Textiles | On 19th Jun 2018

SAC to release pilot of Higg Facility Social Labour Module

The Sustainable Apparel Coalition (SAC) will release this year a...

Courtesy: Ebay

Apparel/Garments | On 19th Jun 2018

eBay partners with Noon for e-commerce sales in Middle East

Noon, the $1 billion e-commerce venture backed by Dubai businessman...

Interviews View All

Mandeep Nagi
Shades of India

Women value something that is unique and has a flavour of India

Vasanth Kumar
Max Fashion India

‘Traditional high-street retailers are now willing to offer franchisees to ...

Angelina Francesca Cheang

'Consumers in the age-group 21 to 38 are driving the activewear trend'

Tom Adeyoola

Describing itself as the best body shape and garment fit company in the...

Tejas N Patel, Navin D Patel

Founded in 1999 by Navin Patel in the name of Tejas Fabrics with 100...

Liz Manning

<div><b>Liz Manning</b>, Business Development Manager at Catexel, has...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Anisha Chaudhari
Threads & Shirts

Threads &amp; Shirts is a freshly-tailored concept providing men/women a...

Sidharth Sinha
Sidharth Sinha

<b>Sidharth Sinha</b> has contributed to the successful rebirth and...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


Leave your Comments

June 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category

Related Categories:

Advanced Search