Adidas Aims for 500 Million Euros in Internet Sales, Welt Says

Adidas AG (ADS) aims to reach 500 million euros ($687 million) in Internet sales, which are currently growing faster than 10 percent per year, Welt newspaper said, citing comments by Chief Executive Officer Herbert Hainer.

The company doesn’t know who hacked into its corporate websites, and no customer data had been stolen, Hainer was cited as saying.

To contact the reporter on this story: Richard Weiss in Frankfurt at rweiss5@bloomberg.net

To contact the editor responsible for this story: Benedikt Kammel at bkammel@bloomberg.net

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