The adidas Group's income before taxes worldwide from 2000 to 2019

The adidas Group’s worldwide income before taxes was 2.56 billion euros in 2019, an increase of 180 million euros on the previous year.

Where are the adidas Group’s products made?

The adidas Group – which includes both the adidas and Reebok brands – increased worldwide production of apparel and footwear in 2019. The majority of products continue to be produced in Asia: 91 percent of the company’s apparel was sourced in Asia in 2019, and 98 percent of all footwear was produced in the region. The high-volume production of footwear and apparel contributed to the company’s net sales exceeding 23 billion euros for the first time.

The impact of the 2009 global recession on adidas

It is a decade since the global recession that greatly affected the adidas Group’s income in 2009. It was the company’s toughest year in recent times, with the company's operating profit suffering a 53 percent decline on the previous year. Falling revenues were the result of a difficult economic environment that led to the cost of raw materials soaring and the devaluation of global currencies. Higher sourcing costs and the effects of weaker currencies meant that the adidas Group was forced to close down regional offices, and jobs were lost worldwide.

The adidas Group's income before taxes worldwide from 2000 to 2019

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Source

Release date

March 2020

Region

Worldwide

Survey time period

2000 to 2019

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