Companies
Adidas Ireland reports surge in sales to €54m after opening Irish retail store
Company’s most recent accounts show a post-pandemic bounce, with an increase in wholesale trading and online sales as well as its new Kildare Village outlet
Sales surged by more than 44 per cent at the Irish arm of Adidas, its most recently filed accounts show, reaching €54.1 million due to increased wholesale trading and rising online sales.
Adidas Ireland Limited, which opened a retail outlet in Kildare Village in 2021, reported a pre-tax profit of €1.28 million in that trading period, which ended on December 31, 2021. The company paid €64,000 in tax on its profits.
Turnover at the company, ...