Adidas posts strong sales growth

German sports goods producer adidas AG posted a strong 30 percent sales growth in the second quarter of the year in China, the company's fastest-growing market in the world, thanks to its innovation in products that mix sports and fashion and its widespread distribution channels.

The growth was mostly driven by its sports performance products and its fashionable line of "sports style" products.

The group sales in the second quarter increased 21 percent, with growth accelerating in Western Europe at 29 percent and North America at 26 percent. Its net income from continuing operations almost doubled to 291 million euros ($324 million).