Reebok 2015 Annual Report Download - page 24

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TO OUR SHAREHOLDERS
Supervisory Board Report
20
1
SUPERVISORY
BOARD REPORT
IGOR LANDAU
CHAIRMAN OF THE SUPERVISORY BOARD
DEAR SHAREHOLDERS,
We look back on 2015 as a very successful financial year. Thanks to strong brands and partnerships in the world
of sport, as well as first-class innovations, the adidas Group was able to achieve strong sales and earnings
growth. Despite the continuing weakness of the golf market worldwide and the resulting unsatisfactory
business development of TaylorMade-adidas Golf, on a Group level the sales and earnings targets set at the
beginning of the year were exceeded. The strong momentum currently experienced by adidas and Reebok
around the globe has contributed significantly towards this. In addition to some initial visible successes