Turkey's FLO in talks for Reebok's Russian stores Turkish shoe retailer FLO Magazacilik is in talks to buy more than 100 stores owned by fitness brand Reebok in Russia, FLO Chairman Mehmet Ziylan … Business • 16 May 22
Adidas launches new share buyback Adidas has said it plans to buy back up to €4 billion of its shares by 2025 and will also return the majority of the … Business • 16 Dec 21
Adidas sells Reebok to ABG for €2.1bn Adidas is selling Reebok to Authentic Brands Group (ABG) for up to €2.1 billion as the German sporting goods company concentrates on its core brand … Business • 13 Aug 21
Adidas expects strong rebound, takes Reebok hit German sportswear maker Adidas has predicted a strong rebound in sales in 2021, particularly in China, the rest of Asia and Latin America, but said … Business • 10 Mar 21
Adidas plans to divest Reebok brand German sportswear maker Adidas plans to sell or spin-off its under-performing Reebok brand, 15 years after it bought the US fitness label to help compete … Business • 16 Feb 21
Adidas mulls strategic options for Reebok brand German sportswear giant Adidas said today it was mulling a sale of its long-struggling US subsidiary Reebok. Business • 14 Dec 20
CrossFit founder steps down as CEO over Floyd tweet CrossFit founder Greg Glassman has stepped down as chief executive, days after he apologised for his tweet on the killing of an unarmed black man … Business • 10 Jun 20
Adidas set to restructure Reebok German sportswear group Adidas said it would take one-off costs to restructure the Reebok brand and invest in its future growth as it reported sales … Business • 03 Nov 16
Investor group to launch $2.2bn bid for Reebok An investor group that includes Jynwel Capital and funds affiliated with the Abu Dhabi government is launching a bid to buy Reebok from Adidas for … Business • 20 Oct 14
Adidas warns of irregularities in Indian business German sportswear maker Adidas today reported a strong rise in first-quarter profits. Business • 30 Apr 12
