Adidas AG ADR (ADDYY, Financial) CEO Kasper Rorsted did an interview with CNBC in which he discussed various topics. During the interview, he talked about the company's recent earnings report and growth drivers. The company is seeing growth of over 20% in the U.S., China and online. On the other hand, growth in the European Union has been slow compared to other regions. Adidas is taking market share from Under Armour (UAA) and Nike (NKE). Nike and Under Armour are seeing zero growth in the U.S. while Adidas is seeing double-digit growth.
Interview:
Watch CNBC's full interview with Adidas CEO Kasper Rorsted from CNBC.