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Adidas

adidas

Type	Limited
Founded	1924 (Registered in 1949)[1]
Headquarters	Herzogenaurach, Germany
Key people	Adolf Dassler (Founder) Herbert Hainer (CEO) (2001-) Erich Stamminger (CEO, Adidas Brand) Hans Friderichs (Chairman of the supervisory board) (2007-) Patrik Nillson (President, adidas America)
Industry	Sportswear and Sports Goods
Products	Footwear Accessories Sportswear
Revenue	▲€10.299 billion ($15.6 billion) (2007)
Net income	▲€551 million (2007)
Employees	27,000 (2006)
Website	www.adidas.com

Adidas Ltd. AG (ISIN: DE0005003404) (pronounced [AH-dee-'dahs]; often /əˈdiːdəs/ in English) is a German sports apparel manufacturer and part of the Adidas Group, which consists of Reebok sportswear company, TaylorMade-adidas golf company, and Rockport. Besides sports footwear, the company also produces other products such as bags, shirts, and other sports and clothing related goods. The company is the largest sportswear manufacturer in Europe and the second largest sportswear manufacturer in the world.[2]

The company's clothing and shoe designs typically feature three parallel bars, and the same motif is incorporated into Adidas's current official logo. The company revenue for 2006 was listed at €10.084 billion, or about US $13.625 billion and the 2007 figure was listed at €10.299 billion, or about $15.6 billion.

Financial data in millions of euros[3]

Year	2002	2003	2004	2005	2006
Sales	6.523	6.266	6.478	6.636	10.084
EBITDA	532	627	725	818	1 098
Net Results	208	260	314	382	483
Net Debt	1 498	946	594	551	2 231

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