The design in question is a logo, specifically for the brand Reebok. It features the brand name "Reebok" in bold, uppercase letters, with a distinctive color scheme of navy blue and red. The red color is used for the first letter "R" and a stylized red triangle, while the remaining letters are in navy blue. The navy blue color is also used for the rest of the letters and a navy blue arrow-like shape that intersects the red triangle. The overall design is clean, modern, and conveys a sense of energy and movement. It is a strong and easily recognizable brand logo that effectively communicates the brand's identity.