ADIDAS VIETNAM COMPANY LIMITED
ActiveADIDAS VIETNAM COMPANY LIMITED
ActiveADIDAS VIETNAM COMPANY LIMITED
ActiveSummary
ADIDAS VIETNAM COMPANY LIMITED is the official local entity representing one of the world’s most recognizable sportswear brands in Vietnam’s fast-evolving retail market. Established in 2009 and headquartered in Ho Chi Minh City, ADIDAS VIETNAM COMPANY LIMITED operates a nationwide retail and distribution platform for athletic and sports-lifestyle products, while managing the adidas store network across major urban centers.
From a business perspective, ADIDAS VIETNAM COMPANY LIMITED reflects the typical structure of a brand-driven retail subsidiary rather than a manufacturing or export entity. In 2023, the company generated USD 77.9 million in sales, with total assets of USD 45.2 million and positive working capital. However, profitability declined sharply, with net profit falling to just USD 0.7 million, highlighting margin pressure from rising operating costs, inventory management, and shifting consumer demand in Vietnam’s competitive sportswear market.
Owned 100% by ADIDAS INTERNATIONAL B.V. (Netherlands) and managed locally by Le D. L., the company’s financial profile emphasizes brand presence and market coverage over profit maximization at the local level. For landlords, suppliers, distributors, and service providers, this makes financial transparency, ownership verification, and risk monitoring especially important—even when dealing with globally recognized brands.
This is where vnbis.com adds practical value. Through Business Verification Services, Financial Data access, and Risk Management tools, vnbis.com enables partners to assess the legal status, financial performance, and operational risks of entities like ADIDAS VIETNAM COMPANY LIMITED, supporting more informed commercial and credit decisions in Vietnam’s retail and consumer-goods sectors.
Legal Profile
Contacts
+ LE D.L
+ VO T.C.T
Business Sector
Key business lines:
Industry Sales Growth
0.10%
-6.35%
Companies by industry
893
0.0307%
Key Industry Players
Payment History
Financial Performance
| Assets | 22.46% |
| Owner’s Equity | -97.23% |
| Working Capital | 43.68% |
| Net Worth | -58.27% |
| Sales | -26.59% |
| Operating income | -97.61% |
| EBIT | 85.64% |
| Gross Profit Margin | -13.22% |
| Debt to EBITDA | -5.65% |