Overview
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Description
Adidas AG Sponsored ADR represents international shares of Adidas AG that are made accessible to investors in the United States through American Depositary Receipts (ADRs). The primary function of this asset is to facilitate ease of trading for American investors interested in owning part of a prominent global sportswear leader without the complexities of investing directly in foreign stock exchanges. Adidas AG, based in Germany, is renowned for its athletic wear, which spans footwear, apparel, and equipment, influencing the sports and fashion industries. These ADRs allow investors access to shares under U.S. trading regulations, making it easier for them to reap the benefits of investing in a company deeply rooted in heritage and innovation across various sporting segments. Adidas's role in the financial market is notable as it embodies a bridge between European and American markets, enabling diversified portfolio options and reinforcing cross-border investment opportunities.
About
CEO
Mr. Bjorn Gulden
Employees
61055
Address
Adi-Dassler-Strasse 1
Herzogenaurach, 91074
Herzogenaurach, 91074
Phone
49 91 32 84 0
Website
Instrument type
American depositary receipt
Sector
Consumer Cyclical
Industry
Footwear & Accessories
Country
Germany
MIC code
XFRA