News

Adidas to sell Mitchell & Ness business

31/05/2016

Sports group adidas has agreed to sell US sportswear company Mitchell & Ness to a newly formed entity primarily owned by equity firm Juggernaut Capital Partner. Kevin Wulff, former CEO of Asics, will manage the brand. The value of the transaction is expected to be in the “low to medium double-digit million euro range" and should be completed by...

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