Adidas Banks on Marathon Feat Energizing Its Running-Shoe Sales
Revenue rose 14% to €6.6 billion as running sales jumped after Adidas outfitted the top finishers at the London Marathon.
8 Articles
8 Articles
What Adidas and the London Marathon taught me about product marketing
On Sunday, something happened at the London Marathon that stopped me in my tracks (pun well intended!).Sabastian Sawe crossed the finish line in 1:59:30, the first-ever official sub-2-hour marathon. His teammate Yomif Kejelcha crossed in 1:59:41 — on his marathon debut. Tigist Assefa broke the women-only world record with 2:15:41. This is three athletes breaking three world records... and they were all in the same shoe made by Adidas.As someone …
Adidas shares rise after London Marathon runners break records in new Adizero shoes
Adidas shares climbed on Monday after three athletes wearing the sportswear giant’s latest running shoe delivered record-breaking performances at the London Marathon. Shares in Adidas rose by almost two per cent in early afternoon trading in Frankfurt, before paring gains to trade 1.4 per cent higher at €138 (£119) a share. The uplift came after Kenya’s Sabastian Sawe became the first man to run a marathon in under two hours in an official race,…
1 hour, 59 minutes and 30 seconds. Until this weekend, getting off for two hours in the marathon seemed like closed territory. On a sunny day in London, Kenyan athlete Sabastian Sawe and Ethiopian Yomif Kejelcha broke that psychological barrier with Adidas’ latest model of competition on their feet. The sneakers also crowned another winner: Ethiopian Tigst Assefa signed a new world record in the women’s race, after stopping the time in 2 hours, …
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