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Adidas CEO vows to stay on, admits mistakes - paper

2015-01-28 15:15:59| Footwear - Topix.net

The long-serving chief executive of Adidas has no intention of stepping down despite criticism as the German sportswear company loses ground to U.S. rival Nike , 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.

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