Adidas traded at 179.15 this Wednesday July 8th, decreasing 8.75 or 4.66 percent since the previous trading session. Looking back, over the last four weeks, Adidas lost 7.05 percent. Over the last 12 months, its price fell by 15.61 percent. Looking ahead, we forecast Adidas to be priced at 180.39 by the end of this quarter and at 166.43 in one year, according to Trading Economics global macro models projections and analysts expectations.
Adidas AG is a Germany-based company that designs, develops, produces and markets a range of athletic and sports lifestyle products. The Company's segments include Europe, North America adidas, North America Reebok, Asia-Pacific, Russia/CIS, Latin America; Emerging Markets, adidas Golf, Runtastic and Other centrally managed business. Each segment includes wholesale, retail and e-commerce business activities relating to the distribution and sale of products of the adidas and Reebok brands to retail customers and end consumers. The Company has over 2,300 own-retail stores, over 14,000 mono-branded franchise stores and over 150,000 wholesale doors. The adidas and Reebok branded products include footwear, apparel and hardware, such as bags and balls.