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Adidas' flagship store in Shanghai, China. Courtesy

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Adidas was founded on August 18, 1949, by Adolf “Adi” Dassler following his legendary split with brother Rudolf “Rudi” Dassler. Together they ran a pioneering footwear company for nearly 30 years before parting ways following World War II. Their breakup is one of the most legendary stories in athletics — and created one of its biggest rivalries. Rudolf went on to found Puma. Both companies remain based in the Dasslers’ hometown of Herzogenaurach.

Adidas is now a multinational giant providing cutting edge athletic wear and fashion and lifestyle products in every major market across the globe. Since its inception, football/soccer has been a core focus, resulting in one of its most enduring hit shoes, the Samba. Originally designed by Adolf in 1949 for football players to wear on icy fields, the Samba has grown into an icon worn by generations of fans. Another core item in its Classics collection is the Stan Smith, which traces its origins to the tennis court in 1965. After facing a financial crisis in the early 1990s, Adidas transformed into a marketing-driven company under then-CEO Robert Louis-Dreyfus. The strategy was a winner. Adidas went public in 1995 and over the years has cemented its place in the culture through partnerships with athletes such as Lionel Messi, David Beckham and James Harden, as well as musicians, models, actors and fashion designers, including the highly controversial Kanye West.

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Adidas Neo Launches <em>Cloudfoam Sneakers</em> with YouTubers

Adidas Neo is launching its new innovative Cloudfoam sneakers with the help of YouTubers Amanda Steele and…

Nike Gained 2.9 Million <em>Instagram Followers</em> Last Month

Nike topped Stylophane’s list of the most “Instafamous” brands in February, gaining nearly three million…

Adidas & Snoop Dogg Drop Limited Edition Cleats

If you forgot Snoop Dogg is the director of football development for Adidas (like we did), the latest cleats…

Kanye Wests Initiates Frenzy With ‘The Life Of Pablo’ Merch Pop-Up

The rapper's impromptu retail venture drew hundreds to Wooster Street.

Nike’s NCAA March Madness Brand Sponsorships Decline for 2016

While the brand still makes up most of the brand sponsorships, Under Armour and Adidas are gaining market…

<b>Adidas</b> Sues APL for Trademark Infringement

Adidas is taking Athletic Propulsion Labs (APL) to court for shoes it claims are just too reminiscent of its…

Adidas to Open 3,000 New Stores in China

Adidas has plans to go bigger in China in the coming years, capitalizing on the country's increasing…

Adidas Delivers <em>Comeback Performance</em> in 2015

Adidas AG announced fourth quarter and fiscal year 2015 financial results today. In the fourth quarter, the…

Adidas Shares Fall Despite Strong Quarter, Bullish Outlook

The German firm narrowed losses in Q4, and posted sales momentum ahead of a busy sporting events year.

European Stock Markets Make Small Gains

Retail and luxury stocks were on the uptick in midmorning trading on Tuesday after a slow start to the week.

Adidas Beats 2015 Better Cotton Target

Adidas, often lauded for its sustainability efforts, has surpassed its Better Cotton target for the second…

Adidas Retains Stripes After Legal Battle

EU's Court of Justice ruled today that the German brand could oppose the registration of parallel stripes…

Christine Day on Her Adidas Gig and Why Ath-leisure’s a Bad Word

The former Lululemon chief is helping Adidas reshape its women's business.

Kanye Debuts New Boosts at Yeezy <em>Season 3</em> Presentation

With all the hype and spectacle one has come to expect from Kanye West, the rapper-turned-designer officially…

Adidas Ups Profit Outlook as Sales Exceed Targets

Adidas Group topped its earnings targets for 2015 and the athletic wear retailer said its sales and operating…