Annual Report 2023

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Shareholdings

Shareholdings of adidas AG, Herzogenaurach, as at December 31, 2023

 

 

Company and domicile

 

 

 

Share in capital held by1

 

in %

 

 

Germany

 

 

 

 

 

 

1

 

adidas Beteiligungsgesellschaft mbH2

 

Herzogenaurach (Germany)

 

directly

 

100

2

 

adidas CDC Immobilieninvest GmbH

 

Herzogenaurach (Germany)

 

11

 

100

3

 

adidas Insurance & Risk Consultants GmbH2

 

Herzogenaurach (Germany)

 

directly

 

100

 

 

 

 

 

 

 

 

 

 

 

Europe (incl. Middle East and Africa)

 

 

 

 

 

 

4

 

adidas International Trading AG

 

Lucerne (Switzerland)

 

9

 

100

5

 

adidas sport gmbh

 

Lucerne (Switzerland)

 

directly

 

100

6

 

adidas Austria GmbH

 

Klagenfurt (Austria)

 

directly

 

100

7

 

runtastic GmbH

 

Pasching (Austria)

 

9

 

100

8

 

adidas France S.a.r.l.

 

Strasbourg (France)

 

directly

 

100

9

 

adidas International B.V.

 

Amsterdam (Netherlands)

 

directly

 

93.97

 

 

 

 

 

 

8

 

6.03

10

 

adidas International Marketing B.V.

 

Amsterdam (Netherlands)

 

9

 

100

11

 

adidas International Property Holding B.V.

 

Amsterdam (Netherlands)

 

68

 

100

12

 

adidas Infrastructure Holding B.V.

 

Amsterdam (Netherlands)

 

9

 

100

13

 

adidas Benelux B.V.

 

Amsterdam (Netherlands)

 

directly

 

100

14

 

adidas Ventures B.V.

 

Amsterdam (Netherlands)

 

9

 

100

15

 

adidas (UK) Limited

 

Stockport (Great Britain)

 

9

 

100

16

 

Trafford Park DC Limited

 

Stockport (Great Britain)

 

12

 

100

17

 

adidas Pensions Management Limited

 

Stockport (Great Britain)

 

15

 

100

18

 

adidas (Ireland) Limited

 

Kildare (Ireland)

 

9

 

100

19

 

adidas International Re DAC

 

Dublin (Ireland)

 

9

 

100

20

 

adidas España S.A.U.

 

Zaragoza (Spain)

 

1

 

100

21

 

adidas Italy S.p.A.

 

Monza (Italy)

 

9

 

100

22

 

adidas Portugal – Artigos de Desporto, S.A.

 

Lisbon (Portugal)

 

9

 

100

23

 

adidas Business Services, Lda.

 

Moreira da Maia (Portugal)

 

9

 

98

 

 

 

 

 

 

directly

 

2

24

 

adidas Norge AS

 

Oslo (Norway)

 

directly

 

100

25

 

adidas Sverige Aktiebolag

 

Solna (Sweden)

 

directly

 

100

26

 

adidas Suomi Oy

 

Vantaa (Finland)

 

9

 

100

27

 

adidas Danmark A/S

 

Them (Denmark)

 

9

 

100

28

 

adidas CR s.r.o.

 

Prague (Czech Republic)

 

directly

 

100

29

 

adidas Budapest Kft.

 

Budapest (Hungary)

 

directly

 

100

30

 

adidas Bulgaria EAD

 

Sofia (Bulgaria)

 

directly

 

100

31

 

LLC "adidas, Ltd."

 

Moscow (Russia)

 

directly

 

100

32

 

adidas Poland Sp. z o.o.

 

Warsaw (Poland)

 

directly

 

100

33

 

adidas Romania S.R.L.

 

Bucharest (Romania)

 

9

 

100

34

 

adidas Baltics SIA

 

Riga (Latvia)

 

9

 

100

35

 

adidas Slovakia s.r.o.

 

Bratislava (Slovak Republic)

 

directly

 

100

36

 

adidas Trgovina d.o.o.

 

Ljubljana (Slovenia)

 

directly

 

100

37

 

SC ‘adidas-Ukraine’

 

Kiev (Ukraine)

 

directly

 

100

38

 

adidas LLP

 

Almaty (Republic of Kazakhstan)

 

directly

 

100

39

 

adidas Serbia DOO Beograd

 

Belgrade (Serbia)

 

9

 

100

40

 

adidas Croatia d.o.o.

 

Zagreb (Croatia)

 

9

 

100

41

 

adidas Hellas Single Member S.A.

 

Athens (Greece)

 

directly

 

100

42

 

adidas (Cyprus) Limited

 

Limassol (Cyprus)

 

directly

 

100

43

 

adidas Spor Malzemeleri Satis ve Pazarlama A.S.

 

Istanbul (Turkey)

 

9

 

100

44

 

adidas Emerging Markets L.L.C

 

Dubai (United Arab Emirates)

 

indirectly

 

51

 

 

 

 

 

 

8

 

49

45

 

adidas Emerging Markets FZE

 

Dubai (United Arab Emirates)

 

9

 

100

46

 

adidas Levant Limited

 

Dubai (United Arab Emirates)

 

45

 

100

47

 

adidas Levant Limited – Jordan

 

Amman (Jordan)

 

46

 

100

48

 

adidas Imports & Exports Ltd.

 

Cairo (Egypt)

 

49

 

99.98

 

 

 

 

 

 

9

 

0.02

49

 

adidas Sporting Goods Ltd.

 

Cairo (Egypt)

 

9

 

99.81

 

 

 

 

 

 

directly

 

0.19

50

 

adidas Israel Ltd.

 

Holon (Israel)

 

9

 

85

51

 

adidas Morocco LLC

 

Casablanca (Morocco)

 

directly

 

100

52

 

adidas (South Africa) (Pty) Ltd.

 

Cape Town (South Africa)

 

directly

 

100

53

 

adidas Arabia Trading

 

Riyadh (Saudi Arabia)

 

directly

 

100

 

 

 

 

 

 

 

 

 

 

 

North America

 

 

 

 

 

 

54

 

adidas North America, Inc.

 

Wilmington, Delaware (USA)

 

9

 

100

55

 

adidas America, Inc.

 

Portland, Oregon (USA)

 

54

 

100

56

 

adidas International, Inc.

 

Portland, Oregon (USA)

 

54

 

100

57

 

adidas Team, Inc.

 

Des Moines, Iowa (USA)

 

54

 

100

58

 

adidas Holdings LLC

 

Wilmington, Delaware (USA)

 

54

 

69

 

 

 

 

 

 

62

 

31

59

 

adidas Indy, LLC

 

Wilmington, Delaware (USA)

 

54

 

100

60

 

Stone Age Equipment, Inc.

 

Marina Del Rey, California (USA)

 

55

 

100

61

 

Spartanburg DC, Inc.

 

North Charleston, South Carolina (USA)

 

55

 

100

62

 

adidas Pluto Corporation

 

Wilmington, Delaware (USA)

 

9

 

100

63

 

adidas Canada Limited

 

Woodbridge, Ontario (Canada)

 

9

 

100

 

 

 

 

 

 

 

 

 

 

 

Asia-Pacific

 

 

 

 

 

 

64

 

adidas Sourcing Limited

 

Hong Kong (China)

 

4

 

100

65

 

adidas Hong Kong Limited

 

Hong Kong (China)

 

1

 

100

66

 

adidas Trading (Far East) Limited (formerly: Reebok Trading (Far East) Limited)

 

Hong Kong (China)

 

54

 

100

67

 

adidas (Suzhou) Co., Ltd.

 

Suzhou (China)

 

1

 

100

68

 

adidas Sports (China) Co., Ltd.

 

Shanghai (China)

 

1

 

100

69

 

adidas (China) Ltd.

 

Shanghai (China)

 

9

 

100

70

 

adidas Sports Goods (Shanghai) Co., Ltd

 

Shanghai (China)

 

69

 

100

71

 

adidas Logistics (Tianjin) Co., Ltd.

 

Tianjin (China)

 

12

 

100

72

 

adidas Business Services (Dalian) Limited

 

Dalian (China)

 

9

 

100

73

 

adidas Japan K.K.

 

Tokyo (Japan)

 

9

 

100

74

 

adidas Korea LLC.

 

Seoul (Korea)

 

directly

 

100

75

 

adidas Korea Technical Services Limited

 

Busan (Korea)

 

64

 

100

76

 

adidas India Private Limited

 

New Delhi (India)

 

directly

 

10.67

 

 

 

 

 

 

9

 

89.33

77

 

adidas India Marketing Private Limited

 

New Delhi (India)

 

76

 

98.62

 

 

 

 

 

 

9

 

1

 

 

 

 

 

 

directly

 

0.37

78

 

adidas Technical Services Private Limited

 

Gurgaon (India)

 

64

 

100

79

 

Refop India Company (formerly: Reebok India Company)

 

Gurgaon (India)

 

58

 

99.03

 

 

 

 

 

 

89

 

0.91

 

 

 

 

 

 

55

 

0.07

80

 

PT adidas Indonesia

 

Jakarta (Indonesia)

 

9

 

99.67

 

 

 

 

 

 

directly

 

0.33

81

 

adidas (Malaysia) Sdn. Bhd.

 

Petaling Jaya (Malaysia)

 

directly

 

60

 

 

 

 

 

 

9

 

40

82

 

ADIDAS PHILIPPINES, INC.

 

Taguig City (Philippines)

 

directly

 

100

83

 

adidas Singapore Pte Ltd

 

Singapore (Singapore)

 

directly

 

100

84

 

adidas Taiwan Limited

 

Taipei (Taiwan)

 

9

 

100

85

 

adidas (Thailand) Co., Ltd.

 

Bangkok (Thailand)

 

directly

 

100

86

 

adidas Australia Pty Limited

 

Mulgrave (Australia)

 

9

 

100

87

 

adidas New Zealand Limited

 

Auckland (New Zealand)

 

directly

 

100

88

 

adidas Vietnam Company Limited

 

Ho Chi Minh City (Vietnam)

 

9

 

100

89

 

adidas (Mauritius) Limited (formerly: Reebok (Mauritius) Company Limited)

 

Port Louis (Mauritius)

 

58

 

100

 

 

 

 

 

 

 

 

 

 

 

Latin America

 

 

 

 

 

 

90

 

adidas Argentina S.A.

 

Buenos Aires (Argentina)

 

9

 

76.96

 

 

 

 

 

 

1

 

23.04

91

 

Refop de Argentina S.A. (formerly: Reebok Argentina S.A.)

 

Buenos Aires (Argentina)

 

directly

 

96.25

 

 

 

 

 

 

9

 

3.75

92

 

adidas do Brasil Ltda.

 

São Paulo (Brazil)

 

1

 

100

93

 

adidas Franchise Brasil Servicos Ltda.

 

São Paulo (Brazil)

 

92

 

99.99

 

 

 

 

 

 

directly

 

0.01

94

 

REFOP Produtos Esportivos Brasil Ltda. (formerly: Reebok Produtos Esportivos Brasil Ltda.)

 

São Paulo (Brazil)

 

9

 

100

95

 

adidas Chile Limitada

 

Santiago de Chile (Chile)

 

directly

 

99

 

 

 

 

 

 

3

 

1

96

 

adidas Colombia Ltda.

 

Bogotá (Colombia)

 

directly

 

100

97

 

adidas Perú S.A.C.

 

Lima (Peru)

 

directly

 

99

 

 

 

 

 

 

95

 

1

98

 

adidas de Mexico, S.A. de C.V.

 

Mexico City (Mexico)

 

directly

 

100

99

 

adidas Industrial, S.A. de C.V.

 

Mexico City (Mexico)

 

directly

 

100

100

 

Refop de Mexico, S.A. de C.V. (formerly: Reebok de Mexico, S.A. de C.V.)

 

Mexico City (Mexico)

 

directly

 

100

101

 

adidas Latin America, S.A.

 

Panama City (Panama)

 

directly

 

100

102

 

Concept Sport, S.A.

 

Panama City (Panama)

 

9

 

100

103

 

3 Stripes S.A.

 

Montevideo (Uruguay)

 

directly

 

100

104

 

Tafibal S.A.

 

Montevideo (Uruguay)

 

directly

 

100

105

 

Raelit S.A.

 

Montevideo (Uruguay)

 

directly

 

100

106

 

adidas Sourcing Honduras, S.A.

 

San Pedro Sula (Honduras)

 

54

 

100

107

 

adisport Corporation

 

San Juan (Puerto Rico)

 

9

 

100

108

 

adidas Sourcing El Salvador, S.A. de C.V.

 

Antiguo Cuscatlán (El Salvador)

 

9

 

99.95

 

 

 

 

 

 

directly

 

0.05

1

The number refers to the number of the company.

2

Profit and loss transfer agreement.