Financial Times FT.com

Adidas emerges as the World Cup winner

By Richard Milne in Frankfurt and Lucy Killgren in London

Published: August 10 2006 03:00 | Last updated: August 10 2006 03:00

Adidas-sponsored France may have lost to Puma's Italy in the World Cup final, but the sporting goods company famed for its three stripes showed its strength off the pitch yesterday, unveiling a better-than-expected second quarter performance.

The World Cup in Germany gave Adidas and Puma home advantage and was viewed by many investors as an investment for the future - a way for companies to raise revenues and profile but at the expense of lower profits due to the billions spent on marketing.

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