Former NBA All-Star Baron Davis and hip-hop mogul Percy “Master P” Miller are in talks to purchase Reebok. A price of approximately $2.4 billion is being demanded by parent company Adidas. Reebok’s cultural relevance has gone…
Adidas is reportedly heading to sell its Reebok business. The news had reportedly helped Adidas share gain 3.4% in Frankfurt trading. The German sportswear and footwear brand has acquired brand Reebok in a $3.8 billion…
Responding strongly to racial discrimination against African-Americans, German multinational sports brand adidas has pledged to invest $ 20 million in its “Black communities”. Influenced by the worldwide movement against racism, the decision will also see…