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The Michigan Wolverines announced in July 2015 that it would switch from sponsorship by Adidas to Nike. The deal at the time had an estimated value of $169 million and was described as "the richest apparel deal in intercollegiate athletics".
Michigan Athletics announced in July 2015 that it would switch from sponsorship by Adidas to Nike. The deal at the time had an estimated value of $169 million and was described as "the richest apparel deal in intercollegiate athletics".
Adidas manufactures a range of clothing items, varying from men's and women's t-shirts, jackets, hoodies, pants and leggings. [54] The first Adidas item of apparel was the Franz Beckenbauer tracksuit created in 1967. [1] Adidas AG is the largest manufacturer of sports bras in Europe, and the second largest manufacturer in the world. [55]
Although agreed to many months earlier, [9] [10] in April, the university announced it had signed an 11-year, $127.12 million contract with Nike, Inc. on March 16 that would go into effect on August 1, 2016, for 31 Michigan Wolverines sports teams to switch from wearing Adidas apparel to Nike. [11]
Adidas Originals (often stylized as adidas Originals) is a brand of a line of casual and sportswear created by German multinational corporation Adidas. It consists of a heritage line, [ 1 ] specializing in athletic shoes , t-shirts , jackets , bags , sunglasses and other accessories.
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