According to reports in Chinese local media, Colin Currie, managing director of Adidas Greater China, has announced his decision to resign, effective on November 1, 2020.
Adidas has opened its first football flagship store in the world in southern China's Guangzhou Teemall.
International sportswear provider Adidas announced that they will open their sixth Adidas Brand Center in the world in Hong Kong's Central district during the first half of 2016.
China's Alibaba Group announced that they have signed exclusive cooperation agreements with over 20 apparel brands, including Zara and Timberland.
The world's leading sportswear brand Adidas recently announced its performance for 2014 financial year, stating that its sales in Greater China reached EUR1.811 billion, a year-on-year increase of 10%.
International sportswear brand Adidas has opened two specialty stores for women in the Sichuan city of Chengdu.
French luxury department store Galeries Lafayette has appointed Paul Burke as new chief executive officer for the China market.
Nike's flagship store in Beijing Wangfujing's shopping area, which is the company's first flagship store in China, will be reportedly closed when its lease expires, and H&M will be the new lessee of this site.
Adidas published its annual results for 2012, stating that its revenue from the Greater China region was EUR1.562 billion, a year-on-year increase of 15% based on a fixed exchange rate.
The world's leading sportswear maker Adidas has published its financial results for the second quarter of 2011, stating that its operating revenue in Greater China increased by 31%.