Adidas sells Reebok to Authentic Brands for $3.4 billion
NEW YORK (NYTIMES) – Sixteen years after acquiring Reebok for US$4 billion (S$5.4 billlion), German sportswear giant Adidas is selling it for a little more than half that to Authentic […]
Adidas ‘plans to sell’ struggling Reebok business
FRANKFURT • German sportswear company Adidas plans to sell its Reebok division, Germany’s Manager Magazin has reported, as the group seeks to put an end to its ill-fated investment in […]