Adidas completes Reebok sale
02/03/2022
Sportswear company adidas completed the divestiture of its Reebok brand to Authentic Brands Group (ABG) on February 28, the Herzogenaurach-based firm has announced. Adidas will continue to operate the business on ABG’s behalf during the transition period in several markets, it stated. Following a series of deferred local closings, it will then...