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Adidas announces plan to sell Reebok subsidiary

The German sports giant is seeking to unload its US subsidiary as part of a new five-year turnaround plan. The company said that the two brands would be able to "better realize their growth potential" independently.

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The German sports giant is seeking to unload its US subsidiary as part of a new five-year turnaround plan. The company said that the two brands would be able to "better realize their growth potential" independently.
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