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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...

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