The total increase was from EUR2.9billion ($2.8bn) in the first half of 2001 to EUR3.1bn ($3bn) in the first half of 2002, exceeding the full-year sales target of at least five percent growth.
Commenting on the results, Herbert Hainer, chairman and CEO of adidas-Salomon, said: "For the quarter, sales and earnings continued to develop positively, with North America and Asia leading the way.
"With the majority of our expenses now behind us, we expect business to accelerate in the second half of the year, particularly our earnings growth. I am therefore pleased to confirm our 2002 financial targets of at least five percent sales growth and five to 10 percent earnings improvement for the full year."
The company said that all product segments developed positively, with footwear revenues for the group increasing by six percent on a year-over-year basis, driven by a 50 percent increase in basketball sales.
Apparel sales for adidas-Salomon grew seven percent from the first half of 2001, driven largely by the football category, where sales grew 85 percent, fuelled by adidas' strong performance at the 2002 World Cup.
Hardware revenues grew 11 percent, boosted by sales from the football World Cup, and new sales from the Maxfli and Slazenger Golf brands.
Adidas-Salomon group sales increased by seven percent in the first half of the 2002 financial year, the company has reported.






