Company Profile For adidas AG

adidas AG is a global producer of sportswear and sports equipment. The Company offers its products through three main brands. The adidas brand covers footwear, apparel and hardware in two segments: the Sport Performance segment develops modern products, focusing on running, football, basketball, tennis and training, for performance athletes, and the Sport Style segment is aimed at fashion-conscious consumers and is comprised of the Y-3 collection. The Reebok brand covers sports and lifestyle products in three segments: the Reebok segment offers footwear and apparel for men and women for sports and street, as well as hardware, such as bags and balls; the Reebok-CCM Hockey segment provides hockey equipment and apparel, and the Rockport segment offers dress, casual and outdoor footwear, and accessories. The TaylorMade-adidas Golf brand covers a range of golf clubs, accessories, footwear and apparel, marketed under the brand names TaylorMade, adidas Golf and Ashworth.

BRIEF: For the nine months ended 30 September 2009, adidas AG's net sales decreased 4% to EUR7.92B. Net income for the period decreased 62% to EUR226M. Net sales reflect a decrease in demand for the Company's products and services in the adidas and Reebok business segments and in the Europe geographic division. Net income for the period suffered from decreased operating profit margins as well as from a decrease in financial income.