Sportswear company Adidas-Salomon AG has agreed a long-term design deal with car manufacturer Porsche AG's Design unit.

The agreement allows both companies to develop and market luxury sports goods under the Porsche Design name, with co-branding of the adidas and TaylorMade brands.

The deal covers footwear, apparel and hardware for golf, tennis, and running, with the possibility to be extended to other sports.

The companies did not disclose any financial terms of the partnership, which represents Adidas' first foray into the luxury market.

Lines are planned to be available from 2007 onwards.