Adidas
Adidas is a worldwide company with its headquarters in Germany that designs and makes clothing, accessories, and footwear. It is the second-biggest sportswear manufacturer in the world after Nike and the largest in Europe. Not only is this corporation renowned for its comfortable and opulent footwear, but it is also well-known for its large and pervasive presence in the world of sports and athletics, where it supplies athletes with Adidas products.
After Nike, Adidas is considered one of the top shoe manufacturers worldwide. Adidas' three stripes serve as its brand logo and as a marketing tool for its clothing and shoe designs. The logo, which Adidas acquired from the Finnish sports company Karhu Sports in 1952 for the equivalent of $1,600 and two whiskey bottles, became so well-known that Adidas was referred to as "the three stripes company" by Dassler.
The most recent financial reports from Adidas show that the company's current revenue (TTM) is $23.88 billion. The company generated $24.71 billion in revenue in 2021, an increase from $23.09 billion in revenue in 2020. The total income that a business makes through the sale of its products or services is known as "revenue." Contrary to earnings, no deduction is made for expenses.
Founded: July 19, 1924
Founders: Bill Bowerman and Phil Knight
Brand’s Country: Germany
Website: adidas-group.com - adidas.com
