adidas AG

adidas AG is a leading global corporation that designs, develops, produces, and markets athletic and sports lifestyle products, including footwear, apparel, accessories, and gear such as bags, balls, sunglasses, and fitness equipment. Under its flagship adidas brand, it offers products for competitive athletics, casual activewear, and fashion, alongside specialized lines like adidas Golf for golf footwear and apparel, and Five Ten for outdoor footwear. The company distributes its offerings in over 160 countries through approximately 1,900 owned retail stores, 15,000 franchise stores (with a significant presence in China), 150,000 wholesale outlets, and e-commerce platforms available in 67 countries. Founded in 1949 and headquartered in Herzogenaurach, Germany, adidas AG operates in the consumer cyclical sector, specifically footwear and accessories, employing around 61,055 people. As a DAX index constituent with 178.55 million shares outstanding, it plays a pivotal role in the global sportswear market, emphasizing innovation in performance and lifestyle segments.