adidas AG
XTRA-ADS
Company Overview
adidas AG, together with its subsidiaries, designs, develops, distributes, and markets athletic and sports lifestyle products worldwide. It offers footwear; apparel; and accessories and gear, such as bags and balls under the adidas brand. It sells its products through approximately 2,200 own-retail stores; mono-branded franchise stores and shop-in-shops; and wholesale and its e-commerce channels. The company was formerly known as adidas-Salomon AG and changed its name to adidas AG in June 2006. adidas AG was founded in 1920 and is headquartered in Herzogenaurach, Germany.
Name
adidas AG
CEO
Bjorn Gulden
Website
www.adidas-group.com
Sector
Textiles, Apparel and Luxury Goods
Year Founded
1920
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Bulls Say
Adidas’ e-commerce gives the company greater control over its brand and pricing. The firm has increased its digital capabilities and cut wholesale accounts. Its e-commerce sales exceeded EUR 4 billion in 2024 and accounted for 18% of total sales.
Adidas’ sponsorships of leading teams and players in international football make it one of the most visible brands in the world.
Adidas has just below 10% share of China’s sportswear market, which is benefiting from the rapid growth of athletics in the country.
Bears Say
As a global business with more than 90% Asia-based production, Adidas faces additional expense from higher US tariffs. Moreover, a trade war and higher prices could depress consumer demand.
Adidas’ innovation has trailed some others in a sportswear market that has become increasingly competitive. Industry trends come and go at a rapid pace, putting great pressure on producers like Adidas to keep up.
Adidas had to terminate its Yeezy partnership in late 2022. Thus far, it has been unable to replace the lost Yeezy sales with any other lifestyle product line.