'Supershoe' Effect: Adidas Shares Surge As Marathon Milestone Boosts Investor Confidence

Record-breaking sub-two marathon fuels rally in German sportswear giant amid tech-led running boom.

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Kenya's Sabastian Sawe clocked 1:59:30 at the London Marathon on Sunday, shattering one of sport's most elusive barriers.
(Photo: AdidasRunning/Instagram)
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Summary is AI-generated, newsroom-reviewed
  • Shares of Adidas rose 2% after Sabastian Sawe ran a sub-2-hour official marathon
  • Sawe completed the London Marathon in 1:59:30 wearing Adidas Adizero Adios Pro Evo 3
  • Adidas stock is down 18% year-to-date amid US tariffs and Middle East geopolitical tensions
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Shares of Adidas rose on Monday after Kenya's Sabastian Sawe became the first athlete to complete an official marathon in under two hours, delivering a landmark moment for both athletics and the brand's latest performance footwear.

The sportswear company's stock was up 2% at $139.2 at the Frankfurt stock exchange, though still down roughly 18% year-to-date, amid concerns over US tariffs and ongoing geopolitical tensions in the Middle East.

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According to Reuters, Sawe clocked 1:59:30 at the London Marathon on Sunday, shattering one of sport's most elusive barriers.

He achieved the feat wearing Adidas' Adizero Adios Pro Evo 3, a high-performance “supershoe” that has been central to the company's innovation push.

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Post-race, Sawe held up the $500 shoe marked “WR” and “sub-2,” after surpassing the previous world record of 2:00:35 set at the Chicago Marathon in October 2023 by the late Kelvin Kiptum.

Reuters reported that the milestone marks a significant win for Adidas in its long-running rivalry with Nike, which had pursued similar breakthroughs through projects like Breaking2 in 2017 and the INEOS 1:59 Challenge led by Eliud Kipchoge, though those efforts did not qualify for official records.

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Adidas' dominance extended beyond the men's race. Yomif Kejelcha finished second on his marathon debut, while Tigst Assefa set a new women-only world record,both wearing the same Evo 3 model.

“The Adidas family is incredibly proud of Sabastian and Tigst's historic achievements,” Patrick Nava, general manager at Adidas Running, said in a statement.

 “This is a testament to the years of hard work and dedication they have made, alongside our innovation team.”

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The Adizero Adios Pro Evo 3 features ultra-light construction, weighing about 97 grams, roughly 30% lighter than its predecessor, and incorporates advanced foam and carbon-plated soles designed to improve running economy by 1.6%, according to the company.

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