The electricity supply in Herzogenaurach was unreliable, so the brothers sometimes had to use pedal power from a stationary bicycle to run their equipment. In July 1924, his older brother Rudolf joined the business, which became 'Dassler Brothers Shoe Factory' ( Gebrüder Dassler Schuhfabrik). The company was founded by Adolf 'Adi' Dassler who made sports shoes in his mother's scullery or laundry room in Herzogenaurach, Germany after his return from World War I. History Early years: the 'Gebrüder Dassler Schuhfabrik' The branding, which Adidas bought in 1952 from Finnish sports company Karhu Sports for the equivalent of €1,600 and two bottles of whiskey, became so successful that Dassler described Adidas as 'The three stripes company'. The three stripes are Adidas's identity mark, having been used on the company's clothing and shoe designs as a marketing aid. In 1949, following a breakdown in the relationship between the brothers, Adolf created Adidas and Rudolf established Puma, which became Adidas's business rival. sprinter Jesse Owens to use his handmade spikes at the 1936 Summer Olympics. To enhance the quality of spiked athletic footwear, he transitioned from a previous model of heavy metal spikes to utilising canvas and rubber. Dassler assisted in the development of spiked running shoes ( spikes) for multiple athletic events. The company was started by Adolf Dassler in his mother's house he was joined by his elder brother Rudolf in 1924 under the name Gebrüder Dassler Schuhfabrik ('Dassler Brothers Shoe Factory'). Adidas's revenue for 2018 was listed at €21.915 billion. It is the holding company for the Adidas Group, which consists 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. Adidas AG ( German: ( listen) stylized as adidas since 1949) is a German athletic apparel and footwear corporation headquartered in Herzogenaurach, Bavaria, Germany.

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