German sportswear company Adidas Group has elevated Dave Thomas, who has been leading the group’s operations in India since 2014, to the position of managing director (MD), emerging markets. The appointment is effective from April 1. A successor for his role in India will be announced in due course and until then, Thomas will continue to oversee India.
The group’s emerging markets business unit comprises markets like West Asia, Turkey, India and Africa.German sportswear major Adidas Group has elevated Dave Thomas, who has been leading the group's operations in India since 2014, to the position of managing director (MD), emerging markets. The appointment is effective from April 1. A successor for his role in India will be announced in due course and until then, Thomas will continue to oversee India.#
Under Thomas’ leadership, Adidas Group India crossed the ₹1,000 crore-mark in revenues in 2016-17, according to Indian media reports. The company was the first international brand to get the nod to operate fully-owned retail stores under the single brand retail policy regime.
Thomas has been with the Adidas Group since February 1998. (DS)
ALCHEMPro News Desk – India
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