Adidas sales outpacing Nike in North America


Adidas is outpacing Nike by more than a mile.

The German conglomerate’s sales in North America grew by 16 percent in the second quarter ended in June compared with Nike’s 3 percent gain for the quarter ended in May.

While Nike is making turtle-like progress in North America — reversing a three-quarter stretch of negative sales this spring — Adidas, which owns the Reebok brand, is making big strides in gaining market share in the largest sneaker market in the world.

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