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Adidas To Intensify Marketing Drive As U.s. Sales Rebound


Champ Kind
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2015-11-05T072340Z_1_LYNXNPEBA40AV_RTROPTP_2_ADIDAS-RESULTS.JPGGerman sportswear company Adidas , trying to muscle into Nike's home territory, plans to increase spending on marketing again after high-profile sponsorship deals and celebrity partnerships helped rekindle U.S. sales. Adidas said it would seek to build on its momentum by lifting promotional spending further in the run-up to Christmas. The firm had said it would spend 13-14 percent of sales on marketing this year, compared with 10-11 percent for most rivals.

 

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