Adidas AG Chief Executive Herbert Hainer expects to have a “record year” in 2016 with brand sales in North America, he told analysts Tuesday at the Germany-based company’s annual meeting.
According to The Wall Street Journal, Hainer is confident in a double-digit percentage-point increase in sales.
“We have changed a lot,” he said. “I am happy and proud […] I do not in any way worry about the future.”
Entering 2015, Adidas faced declining sales in its golf business and was struggling in the U.S. sporting-goods market after Under Armour supplanted Adidas in the No.