Adidas AG is a German multinational corporation and the largest sportswear manufacturer in Europe, second only to Nike globally. Headquartered in Herzogenaurach, Bavaria, Germany, Adidas functions as the holding company for the Adidas Group, which includes an 8.33% stake in Bayern Munich football club, and Runtastic, a fitness technology firm. Adidas reported a revenue of €21.915 billion in 2018.
In July 1924, Rudolf joined Adolf Dassler's business, leading to the formation of the "Dassler Brothers Shoe Factory".
In 1924, Adolf Dassler was joined by his elder brother Rudolf, and they formed the Gebrüder Dassler Schuhfabrik (Dassler Brothers Shoe Factory).
In May 1933, both Dassler brothers joined the Nazi Party (NSDAP).
From 1935 until the end of the war, Adolf Dassler took the rank of Sportwart in the Hitler Youth.
In 1936, Adolf Dassler persuaded U.S. sprinter Jesse Owens to use his handmade spiked shoes at the Summer Olympics.
In 1936, Dassler persuaded U.S. sprinter Jesse Owens to use his hand made spikes at the 1936 Summer Olympics. Owens' four gold medals increased the reputation of Dassler shoes.
From 1942 to 1945, at least nine forced laborers were working at both sites of the Dassler Company.
In 1943, the Dassler brothers' shoe production was forced to cease operations, with the company's facilities repurposed for manufacturing anti-tank weapons.
From 1942 to 1945, at least nine forced laborers were working at both sites of the Dassler Company.
In 1945, the Dassler factory, previously used for anti-tank weapon production, was nearly destroyed by US forces but spared after Adolf Dassler's wife convinced soldiers of the company's focus on sports shoes.
In 1947, the Dassler brothers split due to broken relations.
On August 18, 1949, Adolf Dassler registered a company as Adidas AG.
In 1949, Adolf Dassler created Adidas following a split with his brother Rudolf, who went on to establish Puma. The Adidas company became a business rival of Puma.
In 1949, following a breakdown in the relationship between the brothers, Adolf created Adidas and Rudolf established Puma, which became Adidas's business rival.
At the 1952 Summer Olympics, Josy Barthel of Luxembourg won Puma's first Olympic gold in Helsinki, Finland.
In 1952, Adidas bought the three stripes branding from Finnish sports company Karhu Sports for €1,600 and two bottles of whiskey.
In 1952, following the 1952 Summer Olympics, Adidas acquired its signature 3-stripe logo from the Finnish athletic footwear brand Karhu Sports for two bottles of whiskey and the equivalent of €1600.
At the 1960 Summer Olympics, Puma paid German sprinter Armin Hary to wear Pumas in the 100 meter sprint final. He wore Adidas for the medals ceremony, enraging Adi Dassler.
In 1963, Adidas developed the Adilette sandals, their first ever pair of sandals, after athletes requested a shoe for the locker room.
In 1967, the first Adidas item of apparel was the Franz Beckenbauer tracksuit.
In 1970, FIFA commissioned Adidas to create the Adidas Telstar football, which was the first ball designed specifically for the World Cup tournament.
In 1970, Puma broke the "Pelé Pact" by signing a sponsorship deal with Pelé for the FIFA World Cup after both Adidas and Puma agreed not to sign him.
In 1971, the Trefoil logo was designed.
In 1972, the Trefoil logo was launched, just in time for the 1972 Summer Olympics held in Munich.
The 1972 Munich Olympics, where the massacre of 11 Israeli athletes took place, is the year the Adidas SL 72 was created.
In 1979, Adidas released the Copa Mundial moulded boot. It would become the best-selling boot of all time and was designed for matches on firm, dry pitches.
In 1987, Adidas had a period of trouble following the death of Adolf Dassler's son, Horst Dassler.
In 1990, Adidas was bought by French industrialist Bernard Tapie for ₣1.6 billion, which Tapie borrowed.
In 1992, unable to pay the loan interest, Tapie mandated the Crédit Lyonnais bank to sell Adidas, and the bank subsequently converted the outstanding debt owed into equity of the enterprise.
From 1993 through 2000, as CEO of Adidas, Louis-Dreyfus quadrupled revenue to €5.84 billion ($7.5 billion).
In 1993, Tapie no longer owned Olympique de Marseille.
In 1994, Bernard Tapie filed for personal bankruptcy
In 1994, Robert Louis-Dreyfus became the new CEO of Adidas.
In 1994, combined with FIFA Youth Group, SOS Children's Villages became the main beneficiary.
During 1997, Bernard Tapie served 6 months of an 18-month prison sentence in La Santé prison in Paris.
From 1997 Adidas was the British and Irish Lions kit supplier.
In 1997, Adidas AG acquired the Salomon Group who specialized in ski wear, and its official corporate name was changed to Adidas-Salomon AG. This acquisition also included the TaylorMade golf company and Maxfli.
In 1997, Adidas began sponsoring the New York Yankees.
In 1997, Adidas introduced the "three bars" logo, designed by Peter Moore, initially used on the Equipment range of products.
In 1998, Adidas sued the NCAA over rules limiting commercial logos on team uniforms and clothing. The suit was withdrawn, and guidelines were established.
In February 2000, Crédit Lyonnais sold Adidas to Louis-Dreyfus for a much higher amount of money than Tapie owed.
From 2000, Adidas has provided men's and women's gymnastics wear for Team USA, through USA Gymnastics.
In 2000, Louis-Dreyfus announced he would resign the following year due to illness.
In April 2006, Adidas replaced the previous Reebok deal that had been put in place in 2001 for 10 years.
Adidas endorsed Kobe Bryant with the Adidas Equipment KB8 as his first signature shoe until July 2002.
In 2003, Adidas filed a lawsuit in a British court challenging Fitness World Trading's use of a two-stripe motif similar to Adidas's three stripes. The court ruled that Fitness World's use was infringing.
In September 2004, Stella McCartney launched a joint-venture line with Adidas, called "Adidas by Stella McCartney", establishing a long-term partnership with the corporation.
In 2004, Adidas launched the "Impossible is Nothing" campaign.
On May 3, 2005, Adidas sold their partner company Salomon Group for €485 million to Amer Sports of Finland.
In August 2005, Adidas declared its intention to buy Reebok for $3.8 billion (US$).
On November 25, 2005, Adidas released a new version of the Adidas 1 with an increased range of cushioning and a new motor.
In 2005, 33 workers at the Panarub factory in Java were fired after striking for better pay, raising concerns about Adidas's labor standards.
In January 2006, Adidas acquisition of Reebok was completed and meant that the company had business sales closer to those of Nike in North America.
In April 2006, Adidas announced an 11-year deal to become the official NBA clothing provider.
A few years later, Adidas launched a basketball specific campaign -- "Believe in 5ive"—for the 2006-2007 NBA season.
For the 2006 World Cup, Adidas supplied the "Teamgeist" football. It was designed to travel further when struck, resulting in longer-range goals, but was criticized by goalkeepers for its unpredictable movement in flight.
In 2006, Adidas became the uniform supplier for all 30 teams in the National Basketball Association (NBA), replacing Reebok after Adidas acquired the brand.
In 2006, Adidas entered the field of cricket bat manufacture after manufacturing cricket footwear for many years.
In 2006, Adidas faced criticism for allegedly rejecting suppliers that supported unions in favor of subcontractors with worse labor rights records.
In 2006, Adidas gymnastics leotards for women and Adidas men's competition shirts, gymnastics pants and gymnastics shorts became available in the United States.
A few years later, Adidas launched a basketball specific campaign -- "Believe in 5ive"—for the 2006-2007 NBA season.
In 2007, Adidas announced its entry into the lacrosse equipment market.
In 2007, Adidas faced criticism for allegedly rejecting suppliers that supported unions in favor of subcontractors with worse labor rights records.
In July 2008, Adidas sponsored the Adidas National Lacrosse Classic for the top 600 high school underclassmen players in the United States.
From 2008 until his retirement, Adidas sponsored the cricket bat used by Sachin Tendulkar, creating a new bat, 'Adidas MasterBlaster Elite', personalized for him.
In 2008, Adidas began sponsoring the Mumbai Indians and Delhi Daredevils teams in the Indian Premier League (IPL).
In 2008, Adidas introduced their cricket bat range, including the Pellara, Incurza, Libro, and M-Blaster models.
In 2008, Adidas made a move into the English cricket market by sponsoring English batting star Kevin Pietersen.
In 2008, Adidas's sponsorship of the New York Yankees ended.
In November 2009, tennis player Andy Murray was confirmed as Adidas's highest-paid star with a five-year contract.
In 2009, Adidas introduced a new line of tennis racquets, including the Feather, Response, and Barricade tour models.
Adidas introduced the Jabulani for the 2010 World Cup. The ball was a collaboration with Loughborough University and Bayern München.
In 2010, Kevin Garnett and Gilbert Arenas stopped endorsing Adidas.
In January 2011, the PT Kizone factory, which produced products for Adidas, Nike, and the Dallas Cowboys, closed, leaving 2,686 workers owed $3 million in severance pay and benefits.
In November 2011, Adidas acquired outdoor action sport performance brand Five Ten through a share purchase agreement.
In 2011, "Adidas is all in" became the global marketing strategy slogan for Adidas.
In 2011, Adidas became the official sponsor of the Pune Warriors India team in the Indian Premier League (IPL).
In June 2012, Adidas faced backlash after posting a picture on their Facebook page of a Jeremy Scott-designed shoe featuring shackles, leading to accusations of insensitivity and threats of boycott, ultimately resulting in the product's cancellation.
In July 2012, activists in London replaced Adidas price tags with 34p ones, highlighting the low hourly wage rate paid to Indonesian workers who manufacture Adidas products.
By the end of 2012, Adidas was reporting their highest revenues ever.
In 2012, Adidas continued as the official sponsor of the Pune Warriors India team in the Indian Premier League (IPL).
USA Gymnastics and Adidas sponsorship concluded at the end of 2012.
In 2013, Adidas's sponsorship of the Delhi Daredevils in the Indian Premier League ended.
Since Spring 2013, Adidas gymnastics products have been available worldwide through Elegant Sports.
Until 2013 Adidas was the British and Irish Lions kit supplier.
In April 2014, one of the biggest strikes on mainland China took place at the Yue Yuen Industrial Holdings Dongguan shoe factory, which produces shoes for Adidas and other brands.
In July 2014, Adidas and Manchester United agreed to a ten-year kit deal, beginning with the 2015–16 Premier League season.
In August 2014, Adidas announced they would be launching a new $199 Fit Smart wristband. The wristband will pair with Adidas's miCoach app, which acts as a personal trainer.
Adidas's sponsorship of the Mumbai Indians in the Indian Premier League ended in 2014.
For the 2014 World Cup, Adidas released the Adidas Brazuca football, which was the first World Cup ball to be named by the fans.
In 2014, with the launch of Pro Kabaddi League a city based franchise league in India, Kabaddi took the region by storm.
In January 2015, Adidas launched the footwear industry's first reservation mobile app, Adidas Confirmed, allowing consumers access to limited edition sneakers.
On 24 March 2015, Adidas and McDonald's unveiled the 2015 McDonald's All-American uniforms.
In August 2015, Adidas acquired fitness technology firm Runtastic for approximately $240 million.
In August 2015, James Harden left Nike for Adidas by signing a 13-year contract.
In 2015, Adidas launched "Creating the New" as its strategic business plan.
In 2015, Adidas signed Bollywood actor Ranveer Singh as a brand ambassador for the company's products.
In 2015, Adidas tied up with Mumbai-based franchise U Mumba.
In the 2015 season, Adidas sponsored the Royal Challengers Bangalore in the Indian Premier League.
The ten-year kit deal between Adidas and Manchester United began with the 2015-16 Premier League season.
In September 2016, Adidas launched two new color ways of the NMD R1 and one new color way of the NMD XR1.
In November 2016, Adidas teased the "Adidas Futurecraft Biofabric", a sneaker made from ocean plastic.
2016 was the final year of Adidas being the uniform supplier for all 30 teams in the National Basketball Association (NBA).
In 2016, Adidas initiated legal action against Skechers for allegedly replicating the Stan Smith design and producing Adidas replicas like "Springblade".
In 2016, Adidas named the official match ball of the UEFA Euro 2016 tournament the Adidas Beau Jeu, which translates to "The Beautiful Game" in English.
In 2016, the 3rd season of Boost Energy League, which gathers 11 teams representing different districts of Paris, launched.
In the fall of 2016, Adidas Lacrosse provided soft goods only to D3 powerhouse Lynchburg.
In January 2017, the latest Adidas EQT line released in a "Turbo Red" Pack, and included models such as the Adidas EQT Support 93/17, EQT Support ADV, and EQT Support Ultra.
In May 2017, Adidas sold TaylorMade golf company (including Ashworth) to KPS Capital Partners for $425 million.
After the 2016-2017 season, Adidas's contract as the official uniform supplier of the NBA ended and was replaced by Nike.
From the 2017–18 season, Adidas provided uniforms for the National Hockey League.
In 2017, Adidas executive James Gatto was indicted in the NCAA Division I men's basketball corruption scandal.
In 2017, Adidas signed an agreement with National Hockey League to be the official outfitter of uniforms and licensed apparel.
In 2017, Virat Kohli was removed as the brand ambassador of Adidas and later signed with Puma India.
In 2018, Adidas pulled a line of Soviet-themed items from the market following a social media backlash.
In 2018, Adidas's revenue was listed at €21.915 billion.
In June 2020, Karen Parkin, the head of global human resources at Adidas, resigned after black employees voiced concerns about her handling of racism and discrimination, including a comment about racism being "noise".
2020 was the target year for Adidas's "Creating the New" strategic business plan, launched in 2015.
Adidas hoped to double its revenue from Rs. 805 crores by 2020.
In March 2022, Adidas sold Reebok to the Authentic Brands Group for ca. $2.5 billion.
In August 2022, the company announced that CEO Kasper Rørsted would step down in 2023.
In 2022, Adidas created the 2022 World Cup ball, Al Rihla, marking the 14th consecutive time Adidas designed the World Cup official match ball.
In 2022, researchers from Nordhausen University of Applied Sciences identified cotton from Xinjiang in Adidas shirts, raising ethical concerns.
In January 2023, Bjørn Gulden became CEO of Adidas.
Adidas agreement with National Hockey League ended in the 2023-24 season.
Adidas's time providing uniforms for the National Hockey League lasted until the 2023–24 season.
In July 2024, Adidas withdrew and apologized for their advertising campaign starring Bella Hadid for the SL 72 due to connections with the 1972 Munich Olympics massacre.
In January 2025, Formula One team Mercedes announced a multi-year partnership with Adidas.