Question: Does the company disclose the ownership structures (or business models) of its brands, subsidiaries, and other businesses?
Answer:
Yes
14090855
Walk Free
2021
Verified by Community check_circle
updated over 1 year ago by Jacqueline James

Page 1 of MSA Transparency Statement:

- "adidas Australia Pty. Limited (ABN 80 058 390 659), having its registered office at Level 1, 37 Dunlop Road, Mulgrave VIC 3170 Australia ('adidas Australia')"

- "adidas Australia is an Australian proprietary company which is a wholly owned subsidiary of adidas

International BV, a Dutch company, and its ultimate holding company is adidas AG (“adidas”), which is a publicly listed company on the German stock exchange."

- "adidas Australia employs approximately 450 employees and does not control or own any other entities."

- "Up to and including in 2021, adidas Australia had an exclusive licence to promote, distribute, market and sell products bearing the Reebok brand in Australia from Reebok International Limited. This ended in early 2022 when Reebok International Limited was sold by adidas."

- "adidas Australia is engaged in the retail and wholesale of sporting, fitness, clothing and lifestyle products under the brands of adidas and Reebok within Australia, either directly through our own 26 retail stores and ecommerce channels or through third party distributors and retailers and/or third-party ecommerce platforms, and all activities related thereto."

 

Jacqueline James.....2022-11-25 05:14:08 UTC