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AdidasReeboksubsidiary
AdidasReeboksubsidiary
News : Business
Adidas announces plan to sell Reebok subsidiary
By DW
18 Feb 2021 | 9:00 am |
18 Feb 2021 | 9:00 am |
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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