The group said on Thursday it now expected its 2016 currency-adjusted sales to grow at a rate in the high teens, compared with previous guidance for a 15 percent increase.

It now also sees net profit from continuing operations rising at a rate of between 35 and 39 percent, up from a previous forecast for 25 percent growth.

Among other, Adidas is benefiting from a positive impact from the termination of a contract with soccer club Chelsea, which helped double its second quarter profit to 291 million euros (244.32 million pounds).

(Reporting by Arno Schuetze; Editing by Maria Sheahan)