Adidas

🔥 Adidas – The Brand Born from a Family Feud

📌 Founded: 1949
📌 Country: Germany
📌 Founder: Adolf “Adi” Dassler
📌 Market Value (2024): Around $40 billion

🚀 Key Dates:

• 1924 – Brothers Adi and Rudolf Dassler create Gebrüder Dassler Schuhfabrik, a shoe factory.
• 1947 – A bitter split leads to Adi founding Adidas and Rudolf founding Puma.
• 1954 – German national team wins the World Cup wearing Adidas boots, bringing global fame.
• 1970 – Adidas becomes the official FIFA World Cup ball supplier.
• 1995 – Adidas goes public.
• 2005 – Acquires Reebok for $3.8 billion.
• 2021 – Sells Reebok for $2.5 billion.

😲 Fun Facts:

✔ The Dassler brothers’ rivalry was so intense that their factories were built on opposite sides of a river.
✔ The iconic three stripes were bought from Finnish brand Karhu in 1952 for €1600 and two bottles of whiskey.
✔ Adidas sold over 400 million pairs of shoes in 2022.