About Adidas (ADS)

Company Description:

adidas AG, a multinational corporation, is a leading name in the sportswear industry, known for its wide range of athletic and lifestyle footwear, apparel, and accessories. The company operates through several business segments, including Europe, North America, Asia-Pacific, Latin America, Emerging Markets, Russia/CIS, and Others.

Founded by Adolf "Adi" Dassler in 1949, adidas AG has its roots in Herzogenaurach, Bavaria, Germany, where it is still headquartered today. The company started with a focus on sports shoes and has grown into a global sports and lifestyle brand.

Main Product(s):

adidas AG is primarily known for its athletic and lifestyle footwear, but it also produces a wide array of apparel and accessories. The brand is synonymous with sports clothing, running shoes, and innovative sport-specific gear and accessories.

Short History of adidas AG:

1949 - adidas was founded by Adolf Dassler.

1954 - The German national football team wore adidas shoes in their first World Cup win.

1995 - adidas went public on the Frankfurt Stock Exchange.

2005 - Announced the acquisition of Reebok, significantly expanding its market presence.

2017 - Launched the Futurecraft 4D, showcasing innovative 3D-printed soles.

2021 - adidas announced a commitment to increasing sustainability practices across its product lines.