adidas Company Review & Valuation
About adidas AG
adidas AG, together with its subsidiaries, designs, develops, distributes, and markets athletic and sports lifestyle products worldwide.
The company operates through ten segments: Europe, North America Adidas, North America Reebok, Asia-Pacific, Russia/CIS, Latin America, Emerging Markets, Adidas Golf, Runtastic, and Other Centrally Managed Businesses.
It offers footwear; apparel; accessories and gear, such as bags, balls, and fitness equipment; and golf products under the adidas and Reebok brands.
The company is also involved in the operation of Runtastic, a digital health and fitness space; and Y-3 label business activities.
It sells its products through approximately 2,500 own-retail stores; mono-branded franchise stores; and wholesale distribution, as well as its e-commerce channel.
The company was formerly known as adidas-Salomon AG and changed its name to adidas AG in June 2006.
adidas AG was founded in 1920 and is headquartered in Herzogenaurach, Germany.