"Herbert Hainer" is the current CEO of Adidas-Group, as well as Supervisory Board Chairman of the FC Bayern Munich/FC Bayern Munich AG.

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We expect further improvements throughout the year, especially in the second half, when initial results of our new strategies will become visible.

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Asia is the biggest growth market for us, especially China, but also Japan.

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Clearly there are challenges that Reebok will solve but these were not unknown when we made our offer in August and we remain fully confident in the synergies.

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By combining two of the most respected and well-known brands in the worldwide sporting goods industry, the new group will benefit from a more competitive platform.

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With these measures, we will create a structure that is geared to the changed conditions within our business, allowing short reaction timelines and improving overall efficiency.

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But I'm not disappointed about the results (in Europe) for the first nine months, and you will see positive revenue growth here in the fourth quarter.

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The countdown for the soccer World Cup has already started, and we are on track to achieve extraordinary results in 2006 and later.

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Our mission is to be the leading sports brand in the world. This definitely brings us a huge step ahead.

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Our key region North America is stronger than ever, so that we have raised our group sales and earnings expectations for the year.

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