Adidas Net Worth: As of 2022, Adidas, the top manufacturer of sporting goods, had a net worth of $64.9 billion and a net income of €674 billion.
The German multinational corporation Adidas creates footwear, clothes, and other accessories. In 1924, the company’s foundations were laid, and in 1949, the name was changed. When it comes to producing sportswear, Adidas is not only the largest European producer but also the second largest in the world. Adidas Net Worth has increased over time.
Adidas is undeniably one of the wealthiest sports businesses on the planet, with devoted fans and customers all over the world.
Adidas Net Worth
Because of its prominence in the sportswear industry, Adidas attracts customers from all over the world. When it comes to manufacturing athletic apparel, no other corporation can compare it to Adidas on a global scale. Adidas, already the largest apparel producer in Europe, has branched out to include stakes in a football club and a technical training company.
Bayern Munich, a powerhouse in Germany’s Bundesliga and the reigning champions, are owned by Adidas to the tune of 8.33%. Adidas paid $3.8 billion in 2005 to complete its buyout of Reebok and further develop its global operations.
As of 2022, the market capitalization of Adidas net worth is estimated to be $64.9 billion. That’s the highest revenue Adidas has seen in the 21st century and the world’s largest ever. The €1.977 billion in net income is the biggest for Adidas in the 21st century. About half of Adidas’ overall revenue came from the selling of footwear. The pandemic caused 70 per cent of Adidas stores to close.
While 2019 saw Adidas bring in €5.883 Billion in sales, the first quarter of 2022 saw that number drop to €4.753 billion. Adidas’ net income was also down in the first quarter of 2022, coming in at €20 million. The net profits for Adidas actually fell, from €631 million in 2019 to €20 million in 2022.
Brand Value
As of 2022, the value of the Adidas brand has skyrocketed since 2016.
- 2016- 7 billion
- 2017- 10.17 billion
- 2018- 14.3 billion
- 2019- 16.67 billion
- 2020- 16.48 billion
Sponsorship Deals
With regards to sports, Adidas has global sponsorship deals with 29 different leagues. The National Football League, soccer, cricket, tennis, and basketball could not exist without it. There are many professional sports teams that Adidas sponsors, as well as individual athletes.
Showtime🍿
This week, @PatrickMahomes surprised @15andMahomies at an exclusive showing of @MarvelStudios new Black Panther movie 🖤💜#adidasFootball x #WakandaForever pic.twitter.com/P4p36lWC3k
— adidas Football US (@adidasFballUS) November 13, 2022
All MLS teams in the United States wear uniforms and use equipment manufactured by Adidas. Adidas is a major supporter of the UEFA Champions League as a title sponsor.
Lionel Messi, Zidane, Kobe Bryant, James Harden, Andy Murray, and David Beckham are just some of the famous athletes who have been sponsored by the brand. Adidas Net Worth skyrocketed by these deals.
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