Adidas AG (ADDYY)

Add a New Bulls Reason Company: Adidas AG (ADDYY) Current price: Headline: (100 character max) Analysis: Cancel 100% agree 1 votes edit Strong presence in emerging markets Top Contributor: Scott Thorn | Created when OTC:ADDYY was $31.00 | Edit | History Adidas Group has the most sales in countries such as India, Japan, Korea, Thailand, Indonesia, and New Zealand. The company has an explicit strategy focusing on these emerging markets to promote its growth. Also, the company competes head to head with Nike in China, putting it in good position to capture and retain good market share there-by 2010, Adidas expects that China will be its second-largest market. (100 character max) Cancel 0% agree 0 votes edit Global Reach Mitigates Economic Downturn Top Contributor: Michael Mitchell | Created when OTC:ADDYY was $13.70 | Edit | History Adidas has been able to weather the global recession in 2007-2008 because of its global reach. Adidas' sales Q3 2008 increased by 11% overall. This was driven primarily by a 39% and 23% increase in sales from the Latin American and Asian regions, respectively, despite a 7% decline in sales from North America. (100 character max) Cancel

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