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Adidas reports 15-per-cent revenue growth; committed marketing spend slows

(Photo by Aitor Alcalde/Getty Images)

Sportswear giant Adidas generated revenues of €21.2bn ($23.4bn) last year, its latest financial report shows.

The brand recorded year-on-year growth across the globe – with sales in Latin America up 40 per cent, sales in Europe, the Middle East and Africa (EMEA) up 23 per cent and sales in North America up 13 per cent.

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