Adidas [TRUSTED]

: Greater China led growth at 13%, while Latin America (+22%) and Emerging Markets (+17%) saw even faster expansion.

: Grew nearly 70% to €1,377 million from continuing operations. adidas

The adidas Annual Report 2025 highlights a year of record revenues and strong recovery, with net sales reaching , a 13% currency-neutral growth for the brand . Under CEO Bjørn Gulden, the company has transitioned past the Yeezy era, reporting double-digit growth across all markets and channels in the 2025 financial year. Financial Performance (FY 2025) Net Sales : Increased 5% in Euro terms to €24,811 million . : Greater China led growth at 13%, while

: Surged 54% to €2,056 million , representing an 8.3% operating margin. Under CEO Bjørn Gulden, the company has transitioned

: Improved to 51.6% , driven by lower freight costs and a focus on full-price sales.

: Grew 12%, fueled by high demand in Running, Training, and Basketball.