(Corrects May 16 story to reflect error in live translation,

Adidas is making cheaper versions for Deichmann and Intersport,

not Foot Locker ( FL ))

By Linda Pasquini

May 16 (Reuters) - Adidas is launching cheaper versions

of its three-striped shoes like the white and black suede Samba

as it aims to spread the trend, CEO Bjorn Gulden said on

Thursday at the company's annual shareholders' meeting in

Germany.

"It's important to understand that not everyone can afford

to buy a shoe for 120 or 150, but everyone wants to

take part in the same trends," Gulden told investors in a

presentation in Furth, near Adidas' headquarters in

Herzogenaurach.

Adidas will offer similar versions of the Samba and other

shoes for $60 to $80, more affordable entry points than the $100

to $150 price tag for the main shoe lines, according to a

presentation slide shown by Gulden.

"What we do at the top, 100 and higher, we're

bringing that down," Gulden said. The cheaper models are aimed

at retailers like Deichmann and Intersport, he added.