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Wan LixinOpinion deputy editor of Shanghai Daily
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More Adidas stores
Source: Shanghai Daily |
00:01 UTC+8 April 21, 2017
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Print Edition
Print Edition
ADIDAS yesterday said it aims to add 2,000 more stores in China in the next three years. Adidas, which now has 10,000 stores in China, hopes that unpenetrated lower-tier cities will contribute 50 percent of its business growth in China as urbanization continues, CEO Kasper Rorsted said in Shanghai yesterday. Its China sales last year rose 28 percent, making it the fastest growing market.
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