Reebok
ABG cancels its IPO application
The retail conglomerate has officially withdrawn the registration that it had made with the US Securities & Exchange Commission for an initial public offering on the 6th of July 2021
ABG teams up with JD Group to expand Reebok
The company has announced a partnership with JD Sports, which will sell the sportswear brand’s products in 2 850 stores and e-commerce platforms across North America and Europe
ABG takes Reebok to India
ABG has signed a long-term licensing agreement with ABFRL, confering the Indian company exclusive rights to distribute and sell Reebok products in India, Bangladesh, Bhutan, Maldives, Nepal and Sri Lanka
SPARC to manage Reebok operations in the US
ABG, which will close the acquisition of Rebook next year, has established a partnership with its division SPARC to secure Reebok US’ operation, disclosing the strategy for the brand
Authentic Brands Group valued at 12.7 billion US dollars
The retail conglomerate, whose portfolio of brands includes Forever 21 and Barneys New York, is delaying its planned initial IPO and selling major equity stakes in its business
Pou Chen struggles with Vietnamese labour shortage
The Taiwanese manufacturer of branded sports footwear is facing a labour shortage in Vietnam, which is aggravating supply chain disruptions. Its clients include Nike, adidas and Reebok
adidas to sell Reebok to Authentic Brands Group
The Germany-based sportswear giant entered into a definitive agreement to sell Reebok to Authentic Brands Group (ABG) for a total consideration of up to 2.1 billion euros
Will Authentic Brands buy Reebok for 1 billion US dollars?
According to what is being reported by the New York Post, the group owning labels such as Nine West and Barney’s has made a proposal of 1 billion US dollars to acquire the sports brand from the adidas portfolio
adidas to sell Reebok and focus on core brand
As part of the development of its new five-year strategy, the Germany-based group has concluded its assessment of strategic alternatives for Reebok. As a result of the review, adidas has decided to begin a formal process aimed at divesting Reebok
adidas to sell Reebok business
In a statement recently issued, the Germany-based company said that as part of the development of its new five-year strategy, adidas has begun to assess strategic alternatives for Reebok
Nike leads list of world’s most marketed brands
According to the ranking World’s 50 Most Marketed Brands powered by Hookit, Nike derived 461.9 million US dollars in total sponsorship value from nearly 12 000 promoters and 5.56 billion social media engagements in the 12 months through August 2020
Kerby Jean-Raymond is Reebok’s new VP Creative Direction
Reebok announced the appointment of Kerby Jean-Raymond to Vice President, Creative Direction. In this role, Jean-Raymond will provide creative leadership across all design disciplines for Reebok
Maison Margiela and Reebok in multi season partnership
The Paris-based luxury house and the sports giant, owned by adidas, have entered into a partnership, which will focus on expanding the limits of footwear, inspired by our collaboration dedicated to experimental and progressive craftsmanship
Skechers with recovery on the horizon
The US-based footwear giant has announced second quarter results. Sales declined by 42.0% overall. However, Skechers is optimistic with growth in China, improvement in many markets and the jump on ecommerce
Reebok shrinks presence in the US
The adidas group has closed 35 Reebok stores in the US this year and plans to close more before the year ending-
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