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Group Management Report – Financial Review
105
2014
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03.2
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adidas Group
/
2014 Annual Report
Group Business Performance
/
Economic and Sector Development
03
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Quarterly development of Consumer Price Index 1)
(by region)
Q4 2013 Q1 2014 Q2 2014 Q3 2014 Q4 2014
USA 2) 1.5 1.5 2.1 1.7 0.8
Euro area 3) 0.8 0.5 0.5 0.3 (0.2)
Japan 4) 1.6 1.6 3.6 3.2 2.4
China 5) 2.5 2.4 2.3 1.6 1.5
Russia 6) 6.5 6.9 7.8 8.0 11.4
Brazil 7) 5.9 6.2 6.5 6.8 6.4
1) Quarter-end figures.
2) Source: US Bureau of Labor Statistics.
3) Source: Eurostat.
4) Source: Japan Ministry of Internal Affairs and Communications.
5) Source: China National Bureau of Statistics.
6) Source: Russia Federal Service of State Statistics.
7) Source: Brazil Institute of Geography and Statistics.
04
/
Quarterly consumer confidence development 1)
(by region)
Q4 2013 Q1 2014 Q2 2014 Q3 2014 Q4 2014
USA 2) 77.5 83.9 86.4 89.0 93.1
Euro area 3) (13.5) (9.3) (7.5) (11.4) (10.9)
Japan 4) 40.0 36.9 40.5 39.6 37.5
China 5) 102.3 107.9 104.7 105.4 105.8
Russia 6) (11.0) (11.0) (6.0) (7.0) (18.0)
Brazil 7) 111.2 108.8 106.3 109.7 109.2
1) Quarter-end figures.
2) Source: Conference Board.
3) Source: European Commission.
4) Source: Economic and Social Research Institute, Government of Japan.
5) Source: China National Bureau of Statistics.
6) Source: Russia Federal Service of State Statistics.
7) Source: Brazil National Confederation of Industry.
02
/
Quarterly unemployment rate by region 1)
(in % of total active population)
Q4 2013 Q1 2014 Q2 2014 Q3 2014 Q4 2014
USA 2) 7.0 6.6 6.2 6.1 5.7
Euro area 3) 11.8 11.7 11.5 11.5 11.4
Japan 4) 3.7 3.6 3.7 3.6 3.4
China 5) 4.1 4.1 4.1 4.1 4.1
Russia 6) 5.6 5.4 4.9 4.9 5.3
Brazil 7) 4.3 5.0 4.8 4.9 4.3
1) Quarter-end figures.
2) Source: US Bureau of Labor Statistics.
3) Source: Eurostat.
4) Source: Japan Ministry of Internal Affairs and Communications.
5) Source: China National Bureau of Statistics.
6) Source: Russia Federal Service of State Statistics.
7) Source: Brazil Institute of Geography and Statistics.
Western Europe saw a solid increase in the industry’s size, partly owing to the importance of
football and the large number of teams from this region that qualified for the 2014 FIFA World Cup.
Similarly, in many European emerging markets the significance of football and particularly Russia’s
participation in Brazil supported the sector’s expansion.
In North America, the sporting goods industry grew modestly. The strong performance of the US
team during the FIFA World Cup helped fuel strong football sales. Basketball footwear as well as
apparel continued to be in strong demand, outperforming casual footwear and outdoor products.
While the golf market was challenging through major parts of the year, as excess supply in retail
channels led to the continuation of a highly promotional environment, fewer overall product
launches led to a more healthy retail landscape and cleaner inventory levels at the end of the year.