Adidas, Nike, Under Armour And Puma Essay

Decent Essays
There are many sport apparel companies that exist throughout the world such as but not limited to Nike, Reebok, Under Armour and Puma. Adidas is a prime example of a famous global company that is continuously growing. Athletes endorse in these sporting apparel companies because these companies resemble fitness and a lifestyle of sport. Adidas products can be most department stores such as Dick’s Sporting Goods, Academy Sports, and Champs. The target audience is for athletes in high performance. The adidas company is very successful in their financial status and this report will analyze the company’s overall financial and performance status. “The adidas Group strives to be the global leader in the sporting goods industry with brands built on a passion for sports and a sporting lifestyle” (Adidas Group, 2013). Adidas is a world-wide known corporation that is headquartered out of Herzogenaurach, Germany. Adidas specializes in manufacturing a wide range of products such as clothing, shoes and various accessories for consumers. Adidas is the second biggest sportswear apparel company in the world and the largest in Europe (Adidas Group AG, 2016). The company was founded by Adolf Dassler in the mid 1950s when he started designing shoes. The world is a competitive workplace and Adidas has many close competitors such as Nike and Under Armour. In the future, Adidas strives to keep their standards up to par and remain at the top of the industry around the world. “Employing more
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