Dassler assisted in the development of spiked running shoes ( spikes) for multiple athletic events. He was joined by his elder brother Rudolf in 1924 under the name Gebrüder Dassler Schuhfabrik ("Dassler Brothers Shoe Factory"). The company was started by Adolf Dassler in his mother's house. Adidas's revenue for 2018 was listed at €21.915 billion. It is the holding company for the Adidas Group, which also owns an 8.33% stake of the football club Bayern München, and Runtastic, an Austrian fitness technology company. It is the largest sportswear manufacturer in Europe, and the second largest in the world, after Nike. You may have to select a menu option or click a button.Adidas AG ( German pronunciation: ⓘ stylized in all lowercase since 1949) is a German athletic apparel and footwear corporation headquartered in Herzogenaurach, Bavaria, Germany.
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