this post was submitted on 18 Feb 2024
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The last link you shared showed 3% market share, and revenue dropping from 1.3-1.7bn to 568m in 2023.
Adidas are far more than just shoes - looking at a "premium" partnership with a musician on sub-brand for one of many categories they're present in isn't a super-representative snapshot.
The 13B is just for sneaker sales but I see your point about the market share