Investors in Adidas (ADSGn.DE) took aim at the management of the German sportswear company on Thursday, saying they were not convinced a new strategy would be enough to challenge the dominance of rival Nike (NKE.N). “Adidas is panting behind the competition. Adidas lost the race, at least in 2014,” Gerhard Jaeger, spokesman for the SdK investor association, told the firm’s annual general meeting in the southern town of Fuerth.