Adidas Is Officially Selling Struggling Reebok Brand

Fifteen years after buying Reebok, Adidas is parting ways with the brand. Visit streaming.thesource.com for more information Adidas announced on Tuesday that it plans to sell or spin-off Reebok as part of a new five-year strategy. Reebok’s net sales fell 7% in the third quarter of 2020 and 44% the quarter prior. Adidas bought Reebok […]