The company did not give a reason for the change, but said it would provide more details on its business during its full-year earnings conference on Wednesday.

In the third quarter, Adidas saw Greater China sales fall 15%, and the company has launched an action plan to try to revive its fortunes in the country.

Its Greater China business has been hit by pandemic restrictions and was targeted during a boycott of Western brands by Chinese consumers who criticised companies for saying they would not source cotton from Xinjiang after reports of human rights abuses against Uyghur Muslims there.

Beijing denies any abuses.