One of the most well-known sports and fashion labels in the world is Adidas. But who owns Adidas?
Adidas AG is controlled by the family of its founder, Adolf “Adi” Dassler, who owns a majority of the company’s voting shares.
This article will examine the ownership, management, and key figures in the development of the Adidas brand into the global force it is today.
About Adidas
Adidas is a multinational corporation that designs, develops, manufactures, and markets athletic and sports lifestyle products. Clothing, accessories, and shoes are included in this.
The company was founded more than 60 years ago and is headquartered in Herzogenaurach, Germany. Adidas has been a publicly traded company since 1995 and is the world’s second-largest sportswear manufacturer.
Who Owns Adidas?
Adidas is currently owned by a group of investors and shareholders. The majority stake of Adidas is held by Groupe Arnault, which is a Bernard Arnault, one of the world’s wealthiest people, is the owner of a French luxury goods holding company.
The Qatar Investment Authority, the Blackstone Group, and the Vanguard Group are a few of the Adidas’ major shareholders in addition to Groupe Arnault.
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About Adidas Founder
Adolf Dassler was the man who anchored, directed, and led this company to the enormous success that it was going to be. The journey that began in a small scullery from producing his first sports shoe in Herzogenaurach, Germany, has come a long way to becoming the largest sportswear manufacturer in Europe and the second-largest in the world.
Adi Dassler, after returning from Together with his older brother Randolf, he founded this business in 1924 during World War I, with the three guiding principles of creating the best shoe possible, shielding athletes from harm, and creating a durable product.
The legendary showman passed away on September 6 before his 78th birthday, and his son Horst Dassler entered the court to carry on his father’s legacy.
After the 1952 Olympic Games in Helsinki, where Adidas quickly rose to the top of the German shoe market, and later dominated the 1962 Soccer World Cup in Chile, Adidas quickly attracted the attention of sports professionals.
Read More: Is Skechers Owned by Adidas?
Where is Adidas Headquartered?
The headquarters of Adidas is located in Deutschland’s Herzogenaurach. The city is situated in Bavaria, which is in Germany’s south.
Adidas’ primary manufacturing facility, innovation hub, and world headquarters are all located in the city.
The global headquarters for the running, basketball, and outdoor divisions of the Adidas Group are also located in this city.
Final Thoughts: Who Owns Adidas
Adidas is an iconic brand that has been around for decades, and its success has been built on the hard work of generations of innovators and visionaries.
The company is currently owned by the Adidas Group, a publicly traded company with a portfolio of brands that includes Rockport, Reebok, and TaylorMade.
Adidas will undoubtedly continue to be a leader in the sporting goods sector for many years to come thanks to its unwavering dedication to quality, innovation, and performance.
FAQs
Who Owns Puma?
The PUMA brands are owned by the PUMA Group.
Is Adidas Private Or Public?
Adidas is a private company with an estimated 53,800 employees.
Is Adidas a French Company?
The headquarters are in Herzogenaurach, Germany.
