Four years from now and China will have more than 3,000 Adidas store as a future plan from the German sportswear giant is expanding to 12,000 stores in China from its current 9,000 and aspires to more than double the cities where it sells its running gear and tennis shoes to 2,200-plus, said Adidas China head Colin Currie in a news briefing Friday.
Mr. Currie said that Adidas is catering to China’s economic upsides, such as new government policies to foster the soccer industry and population growth.
The company will zero in on China’s smallest cities, expecting continued urbanization even in the face of economic challenges, Mr. Currie said.
Interesting post.
Great article, thanks.
Interesting article.
Interesting article.
Good post.
Very interesting! Thanks!
China is a huge market.
Very informative! Thanks.
A good post with good insights into the situation.