Tag: Sportswear
Adidas agrees to sell underperforming Reebok to Authentic Brands for $2.5bn
German multinational corporation Adidas has agreed to sell its underperforming Reebok business to retail behemoth Authentic Brands Group (ABG) for up to $2.5 billion.
The...
Adidas launches Reebok sale; But Chinese labor row likely to pose...
German sporting goods maker Adidas has launched the sale of its Reebok brand in an auction.
But the move faces risks of being affected by...
Adidas predicts strong recovery led by China; Focus on eCommerce, sustainability
German sportswear maker Adidas expects a strong recovery in sales this year led by the Chinese market, though profit will be trimmed by costs...
Adidas to reveal final decision on Reebok sale in March
Europe’s largest sportswear manufacturer Adidas is looking for strategic options like a potential sale of Reebok, 15 years after it bought the US-based brand...
Adidas likely to sell loss-making Reebok division: Reports
German sportswear business Adidas is preparing to sell its Reebok division, as it tries to put an end to the ill-fated investment in the...
