The long-serving chief executive of Adidas (ADSGn.DE) has no intention of stepping down despite criticism as the German sportswear company loses ground to U.S. rival Nike (NKE.N), he told a German newspaper. "If I no longer had the ambition and the energy, and the firm belief that I can bring the company further forward, then I would stop immediately," Herbert Hainer was quoted as saying by the Sueddeutsche Zeitung daily.
via Business News http://ift.tt/1Hc7Rm2
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