Even its troubled golf business has seen a revival but the company said it intended to cut the workforce of the TaylorMade golf arm by 14%.
“We are reaching the 2015 goal line much faster than we had anticipated,” Herbert Hainer, Adidas’ chief executive, said.
“We will not rest on our laurels.”
Adidas said this year it had hired an investment bank to consider the options for its golf business, which is suffering as the popularity of the game declines.
Last week, Nassef Sawiris, Egypt’s richest man, emerged as Adidas’ major shareholder, with 6% of voting rights.
