Adidas: The latest figures, news and market research on Adidas

Turnover: 21.4 billion USD (2023)

Country: Germany

Adidas is a German company founded in 1949 by Adolf Dassler, specializing in the production of sporting goods. It is one of the world leaders in this sector.

march 11, 2021 - Adidas seeks to strengthen its ecological credentials and become more responsible in 5 years -(Fashion United)

Net profit of 429 million euros in 2020, compared with 1.9 billion euros in 2019
Sale of Reebok subsidiary
Intensification of e-commerce, with sales set to rise from 4 billion euros in 2020 to 8 or 9 billion within 5 years
90% of products developed with sustainable materials by 2025

News

Adidas still going strong despite the Kanye West scandal. 20/11/2023

Adidas had a colossal stock of Yeezy sneakers, estimated at over a billion euros.
Yeezy sneaker sales accounted for 7% of Adidas sales.
Adidas organized two massive destocking operations, generating 400 million euros in the first online sale and almost the same amount in the second.
Resale prices for Yeezy sneakers vary between 100 and 300 euros.

Vietnam: Nike and Adidas subcontractor lays off 6,000 workers 13/05/2023

Vietnamese footwear manufacturer produces for Nike and Adidas
Vietnam is one of the world's largest exporters of textiles, footwear and furniture.
6000 permanent employees of PouYuen Vietnam will lose their jobs.
PouYuen is Ho Chi Minh City's largest employer with almost 50,000 employees.
The slowdown affected the footwear, clothing, construction and agri-food industries.
More than 630,000 people lost their jobs or saw their working hours reduced in 2022, according to the Vietnamese Ministry of Labor.

Financial Data

DUNS: 085480069

Legal Name: ADIDAS FRANCE

Address: 100 RUE REAUMUR , 75002 PARIS 2

Number of employees: Entre 500 et 999 salariés (2021)

Capital: 6 176 620 EUR

Financial Data:

Year	2022	2021	2020	2019	2018	2017	2016	2015
Turnover	906 479 147	818 614 245	660 207 556	762 958 045	721 978 095	782 307 024	754 658 937	669 956 546
Gross margin (€)	304 862 387	247 698 090	255 809 335	293 869 744	268 039 778	265 216 366	243 099 622	226 676 851
EBITDA (€)	47 624 751	23 394 330	57 363 225	41 662 859	31 376 742	38 286 950	29 762 960	35 036 966
Operating profit (€)	33 710 219	15 813 724	41 085 350	32 751 852	20 745 699	25 900 236	27 515 108	22 776 343
Net profit (€)	153 372 336	39 982 062	18 826 095	117 953 666	47 628 958	12 148 172	14 276 845	51 814 508
Turnover growth rate (%)	10,7	24	-13,5	5,7	-7,7	3,7	12,6	-
Ebitda margin rate (%)	5,3	2,9	8,7	5,5	4,3	4,9	3,9	5,2
Operating margin rate (%)	3,7	1,9	6,2	4,3	2,9	3,3	3,6	3,4
Working Capital (turnover days)	2,1	14,2	52,2	82,4	25,6	13,1	8	6,6
Working Capital requirements (turnover days)	5	-2,1	-7,1	6,7	15,3	29,8	25	26
Net margin (%)	16,9	4,9	2,9	15,5	6,6	1,6	1,9	7,7
Added value / Turnover (%)	12,3	10,1	16,6	14,2	13,6	14,1	13,3	15,4
Wages and social charges (€)	50 246 686	52 015 847	44 022 315	57 716 709	53 879 440	54 940 952	54 745 022	49 603 071
Salaries / Turnover (%)	5,5	6,4	6,7	7,6	7,5	7	7,3	7,4