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.
| 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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