German sportswear, footwear and accessories manufacturer adidas will sell its loss-making US subsidiary Reebok to the US company Authentic Brands Group for € 2.1 billion, adidas said. The transaction is expected to be completed in the first quarter of next year. Adidas announced its intention to sell Reebok in February. Adidas acquired Reebok in 2006 … Read more
Adidas bought the Reebok brand about 15 years ago to compete with its traditional American competitor, Nike. The weak results of Reebok led to repeated raises on the part of the shareholders in order for the company to get rid of these features. In the meantime, the German company managed to strengthen its position with … Read more
German sports equipment manufacturer Adidas agrees to sell its American subsidiary Reebok to the American Authentic Brands Group. With the announcement of the deal, worth 2.1 billion euros, Adidas puts an end to months of speculation about possible buyers. – Authentic Brands Group owns brands such as Forever 21, Barney’s New York and Nine West … Read more
loading… JAKARTA – The large amount of plastic waste in the ocean makes labels adidas back to campaigning for adidas x parley run for the oceans at the same time approaching world sea day June 8th. The campaign is about supporting runners around the world who want to make a difference. For every kilometer traversed … Read more
adidas Chile invites everyone to join the “Shortest run through the oceans”, this is a challenge from 48 hours to be held between June 02 and 03. The purpose is to reach as many people as possible to donate kilometers, since this means more plastic collected from the beaches, the challenge is to reach 40,000 … Read more
Frau am Laptop The Dax 30 companies currently have an average of 17.4 percent women on the board. – (Photo: dpa) – – – – Berlin For the first time, the Fidar initiative, which advocates women in management positions, is presenting a list of those companies that would be forced to act as a result … Read more
Frankfurt Do companies’ profits justify the high valuations of the stocks? There will be a lot of new answers to this question in the week from Monday.The housing giant will lay down on Tuesday Vonovia and the semiconductor specialist Infineon Numbers ahead. Half-time workers have recently been so scarce that production has been slowed in … Read more
Jakarta, CNN Indonesia – Stock footwear or shoe manufacturers Nike, Adidas, and several other brands fell out China mem-boycott western fashion brands. Stocks slumped as investors worried about putting their money into these companies. Quoting CNN Business, Nike’s shares fell more than three percent on Thursday (25/3) local time on Wall Street, while Adidas shares … Read more
Jakarta, CNN Indonesia – Fashion maker H&M disappeared from Chinese internet searches after issuing comments about alleged Uighur forced labor at a cotton factory in Xinjiang. H&M also stated that they would no longer use products from the cotton factory there. The Swedish clothing retailer has stopped appearing on major Chinese e-commerce platforms, including Alibaba … Read more
Seattle Sounders, of the North American MLS, presented with Adidas a special shirt that pays tribute to the virtuoso guitarist – The tribute shirt was made by Adidas, the brand that sponsors the aforementioned club, and combines violet, orange and yellow, psychedelic colors, linked to rock. In the lower left corner of the front, you … Read more