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On Thursday (November 8), Adidas group announced that from June to September this year, the group's surplus rose fourteen percent and reached to 344 million euros. The turnover rose eleven percent and reached to 4.2 billion euros. And this realized the market expectation before. An analyst has been interviewed by Reuters, and it was expected by him before that the average turnover in the third quarter of Adidas group will be 4.15 billion euros and the net earnings will reach to 335 million euros.
The exclusive shop retail was the main factor that promoted the rising performance of Adidas group in the third quarter. There was almost no growth to the wholesale business. There was a respective ten percent increase on the turnover of Adidas in eastern Europe, China and Latin America after the exchange rate's adjustment, and the increase was the largest. But Reebok's performance fell jd nike trainers by as much as twenty-five percent. North American market, therefore, showed an overall decrease.
Adidas company's profit this year is going to range between 770 million euros and 785 million euros, and it will set a record. The corresponding increase may range from fifteen percent to seventeen percent. In the former nine months, the profit of Adidas group has reached to 798 million euros. To some extent; there maybe losses to Adidas group in the fourth quarter. What is more, the expectation showed that Adidas group's turnover increase will be lower than ten percent during the whole year of 2012.
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