What is Adidas? - Explained

Adidas-Logo

Adidas Logo

1. What is Adidas?

Adidas is a sportswear designing and manufacturing organization which does manufacture clothing for sports use, shoes and other equipment for sports use majorly. Adidas is catering the global markets with their product range and owns multiple brands including Reebok, Matix and Runtastic.

2. History

Adidas was founded by Adolf Adi Dassler and the initial business to was of the company to manufacture shoes. Adidas's initial name was Dassler Brothers Shoe Factory and the company was using the name till 1949.

Adidas is currently traded publicly on the Frankfurt Stock Exchange and currently headquartered in Herzogenaurach, Germany.