RIMOWA has officially opened its first flagship store on the Chinese Mainland at Jing’an Kerry Centre in Shanghai.
Amid the World Cup, adidas’ marketing and point-of-sale activation expenses surged 30% year-on-year, reaching a total of €924 million.
The Asia-Pacific market returned to a growth trajectory, with sales increasing by 1% year-on-year to €123 million.
2026 will be a “year of transition” for the company under the “CLAIM 5 TOUCHDOWN” strategy.
Holiday demand was robust, particularly for Birkenstock sandals, premiumisation wool styles, as well as other closed-toe shoes and boots.
Anta Group currently has no plan to launch a takeover offer for PUMA.
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The Adidas brand achieved 12% growth, with total revenue reaching €6.63 billion (approximately USD 7.02 billion), marking the highest quarterly revenue in the company’s history.
A spokesperson for Puma declined to comment, while representatives from Artémis, Anta, and Li-Ning also declined to comment.
Net profit reached €129 million (approx. USD 139.5 million), representing a 73% increase compared to €75 million in the same period last year.
