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Reebok and adidas
By Kiki schutrum & Liz lorence
Entrepreneur
• The entrepreneur is Adolf Dassler• Adolf Dassler was a passionate athelete and
been around sports his whole life. • Adolf Dassler was inspired by a single idea
when he made his first shoes in 1920, at the age of 20. His vision was to provide every athlete with the best footwear for his respective discipline.
• He was called Adi and his last name is Dassler hence the name Adidas!
How he got started!
• Adolf Dassler focused his work on the classic disciplines of track and field.
• In the mid 1930s Adolf Dassler was already making 30 different shoes for eleven sports, and he had a workforce of almost 100 employees. In less than two decades adidas advanced to become the world’s leading sports shoe manufacturer.
Products!!
• Athletic/running shoes!
• sportswear!
• Clothes, such as shirts, pants socks, undies!
• Yoga apparel!
• And an expanding product line of sports gear!
Employment
• As of 2009 the Reebok/adidas company employs 39,600 people.
Philanthropy
• Adidas' business practices/ethics and commitment to worker welfare have been scrutinized and often criticized
• Give free shoes to people in Africa. (soles for souls!)
GROWTH
• Adi and Rudolf Dassler were brothers running the same business but then they split and rudy’s company later became puma.
• As of today adidas is a multinational corporation and a major provider in sportswear.
challenges
• In the U.S Nike is adidas’s major competitor in in shoes and sportswear.
• When Adolf's son died the company was going through hard economic times and Bernard Taipe bought out the business and outsourced its workers to china
Today!
• As of today it is a multinational corporation, which is still expanding.
• It is a public corporation. • In 2005, Adidas introduced the Adidas 1, the first
ever production shoe to utilize a microprocessor. Dubbed by the company "The World's First Intelligent Shoe", it features a microprocessor capable of performing 5 million calculations per second that automatically adjusts the shoe's level of cushioning