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The revival of the German brand has been hurting rivals Nike (NKE.N) and Under Armour (UAA.N) but some investors are concerned that Adidas is too reliant on fickle trends such as the recent popularity of its Superstar and Stan Smith shoes. Chief Executive Kasper Rorsted said the North American market is the "biggest challenge and the biggest opportunity" for Adidas, targeting sales of 5 billion euros (4.37 billion pounds) by 2020, after a 24 percent jump to 3.4 billion euros in 2016. The stock was down 1.7 percent at 1330 GMT. Rorsted told an investor day that the fashion-driven Originals business, which includes the retro brands such as Superstars, had grown 80 percent in รองเท้าแฟชั่น ราคาถูก North America in 2016. Adidas running sales had climbed 40 percent last year in North America while sales U.S. sports such as American football and basketball rose 25 percent. Brand chief Eric Liedtke said he was comfortable with the balance, noting that a recent survey by market intelligence group NPD showed that two-thirds of sportswear is actually used for leisure rather than sport. "It doesn't mean we want to become a leisure brand. It just means we need to understand how the consumer is consuming the product," Liedtke said. ADVERTISEMENT Liedtke declined to comment on how many Superstar or Stan Smith shoes Adidas sold in 2016 after it shifted 15 million and 8 million pairs respectively in 2015. But he said Adidas had not seen any slowdown in a backlog of orders for Originals overall, and highlighted strong demand for new models such as Tubular Shadow sneakers, and Parley shoes made from recycled plastic waste collected from the ocean.
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