Adidas was founded in 1924 by Adolf "Adi" Dassler and is headquartered in Herzogenaurach, Germany. It began by producing sports footwear and has expanded into sportswear, equipment, and other items. The name Adidas comes from the founder's name and the company's logo features three stripes representing a mountain or goals to achieve. Adidas aims to enhance social and environmental performance in its business operations and supply chain. It conducted market research to inform the redesign of its logo and tagline to better represent its target customers and values of inspiration and freedom in sport.