Black Three Stripe Adidas Athletic Shorts Adidas AG (German pronunciation: [ˈʔadiˌdas] ⓘ; stylized in all lowercase since 1949)[4] is a German athletic apparel and footwear corporation headquartered in Herzogenaurach, Bavaria, Germany. It is the largest sportswear manufacturer in Europe, and the second largest in the world, after Nike.[5][6] It is the holding company for the Adidas Group, which also owns an 8.33% stake of the football club Bayern München,[7] and Runtastic, an Austrian fitness technology company. Adidas's revenue for 2018 was listed at €21.915 billion.