Manufacturer of sports shoes and clothing. It was founded in 1924 in Herzogenaurach (Germany) by the Dassler brothers. In 1948, the company was split into two: Adidas and Puma. Under the name Adidas AG (AG - abbreviation of the German word Aktiengesellschaft - joint stock company), the company was registered on August 18, 1949. The name Adidas comes from a pseudonym (Adi) and the first letter of the name of the company's founder, Adolf Dassler. Adidas produces sports shoes for various uses, including training.