Total Adidas brand sales rose 26 percent
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cheap jerseys Since these hard economic times hit, my family has had to make a few cut backs. Extra spending money for the kinds being one of them. While clipping coupons one day I had a marvelous idea. The German sportswear firm, which launched a review of its golf unit last August, said on Wednesday it had decided to focus on selling golf shoes and clothing under its main Adidas brand and enter into talks to sell the TaylorMade, Adams and Ashworth golf brands.”We decided that now is the time to focus even more on our core strength in the athletic footwear and apparel market,” said Chief Executive Herbert Hainer.Total Adidas brand sales rose 26 percent, far outperforming the 6 percent of its Reebok fitness brand, which some investors hope might also be put up for sale after Hainer is replaced as CEO by former Henkel boss Kasper Rorsted in October.Adidas brand sales were also strong in greater China and western Europe, rising 30 percent and 26 percent respectively.Sales at its golf business fell 1 percent after stripping out currency effects, with growth at TaylorMade and Adidas golf failing to make up for falls at Ashworth and Adams. In 2015, golf unit sales fell a currency neutral 13 percent to 902 million euros (USD1.04 billion) about 5.3 percent of group sales.After peaking around 2000 when Tiger Woods was in his prime, the number of people playing golf in the United States, which accounts for about half the global golf market, has fallen to an estimated 23 million from nearly 30 million in 2000.Adidas bought the TaylorMade brand in 1997 along with Salomon, developing it into the world’s biggest golf supplier. It acquired Ashworth in 2008 and Adams four years later cheap jerseys.