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[5] [6] It is the holding company for the Adidas Group, which also owns an 8.33% stake of the football club Bayern Munich, [7] and Runtastic, an Austrian fitness technology company. Adidas's revenue for 2018 was listed at €21.915 billion.
Adolf "Adi" Dassler (3 November 1900 – 6 September 1978) was a German cobbler, inventor and businessman who founded the German sportswear company Adidas.He was also the younger brother of Rudolf Dassler, founder of Puma.
In January 2016, it was announced that Kasper would leave the company to become CEO of Adidas, replacing Herbert Hainer. [11] [12] In 2020, the Adidas supervisory board extended his contract until 2026. [13] In 2022, however, Rørsted and the company's supervisory board had mutually agreed that he would hand over his position during the course ...
Puma has been a public company since 1986, listed on the Frankfurt Stock Exchange. French luxury group Kering (formerly known as PPR) holds 9.8%, Kering's largest shareholder Groupe Artemis owns 29% of the share capital. [47] Puma ranks as one of the top shoe brands with Adidas and Nike, [8] and employs more than 18,000 people worldwide. [5]
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While Adidas’ shares are currently up by 17.5% over the last year, shares at its main rival Nike have been sinking after the company warned that sales for the year were likely to rise by only 1% ...
Georges Salomon is credited with taking the company and evolving it toward the global outdoor sports brand it is today. The Salomon Group was purchased by Adidas in 1997 and the official name was changed to Adidas-Salomon AG. The purchase also included TaylorMade and Maxfli. Adidas then later sold the company to Amer Sports in 2005. [6]
Yeezy still weighs heavy on Adidas as the sportswear company faces its first loss in 30 years—but 2024 could finally offer some respite. Prarthana Prakash. March 13, 2024 at 5:06 AM.