Two weeks before the formal release of the Adidas Group's results for 2017, the company's chief executive reportedly indicated that its turnover increased in a range of 15 to 20 percent for the year to reach more than €20 billion. As reported by Reuters, Kasper Rorsted said at a conference on Asia in Düsseldorf last month that the sales increase was aided by growth in China, North America and e-commerce. The range is in line with the latest guidance published by the Adidas Group, which projected a sales increase of 17 to 19 percent in constant currencies for 2017, and a spokeswoman said that this guidance remained unchanged. Rorsted told the conference that the Adidas group saw huge potential in China, Reuters added. When asked if he could imagine a Chinese investor becoming an anchor investor in the company, he replied that he could imagine everything. The group's results will be published on March 14.

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