Connect with us

Latest News

Adidas To Sell Reebok Brand Due To Declining Sales

Published

5 years ago

on

Adidas To Sell Reebok Brand Due To Declining Sales,Startup Stories,Adidas To Unload Reebok And Focus On Own Brand,Adidas Ready to Sell Reebok Due to Declining Sales,Why Adidas is selling Reebok,Adidas is considering selling Reebok amid declining sales of the sneaker brand,Adidas confirms plans to sell Reebok,Why Adidas was unable to resurrect the Reebok brand,Adidas plans to divest Reebok brand,Adidas is selling Reebok to focus on its own brand,Adidas is selling Reebok to focus on its own brand

If there is one brand which is easily recognisable in the sports industry, it is Adidas and its iconic three black stripes.  Adidas is one of the world’s largest sportswear brands which is known for its footwear, clothing apparel and accessories.  One of Adidas’ famous acquisitions was another sportswear brand Reebok which it acquired in 2006 for a price of roughly $ 3.8 billion.  The acquisition was made so Adidas could compete with another sportswear brand Nike.  However, since then Reebok consistently posted declining sales figures much to the disappointment of the Adidas management.

Adidas, in a statement finally announced they were looking to sell the Reebok brand from its portfolio.  “After careful consideration, we have come to the conclusion that Reebok and Adidas will be able to significantly better realize their growth potential independently of each other,” Adidas CEO Kasper Rorsted said in a statement.  “We will work diligently in the coming months to ensure a successful future for the Reebok brand and the team behind it.”

In 2007, a year after Reebok was acquired by Adidas, the former accounted for almost a quarter of Adidas’ total sales.  In the quarter ending in September 2020, only 6.7% of Adidas’ net sales came from Reebok.  A banking source estimated that Reebok brand could be valued at $ 1.2 billion.

ALSO READ: Carl Pei’s Nothing Invites Retail Investors 

Adidas was instrumental in developing the spiked running shoes which most sportsmen use on a daily basis today.  Adidas also was responsible for the transitioning from metal spikes to rubber and canvas spikes.  It will be interesting to see what the future holds for Reebok as it still has a lot of consumers and is one of the prominent brands in the sporting sectors.

Related Topics:
Continue Reading
Advertisement
12 Comments

12 Comments

  1. binance-

    March 9, 2025 at 3:57 pm

    Your point of view caught my eye and was very interesting. Thanks. I have a question for you.

    Reply

  2. bonificación de registro en Binance

    March 23, 2025 at 5:30 am

    I don’t think the title of your article matches the content lol. Just kidding, mainly because I had some doubts after reading the article. https://accounts.binance.com/lv/register-person?ref=B4EPR6J0

    Reply

  3. Daniela Johnson

    May 13, 2025 at 3:29 am

    We will blast your pitch to millions of forms.

    The opportunity for cost-saving, massive-reaching outreach won’t last. Ad costs climb daily, yet contact forms remain unblocked pathways to decision-makers. Our platform fires your pitch into thousands of sites per hour. Slots in our high-capacity plan are running out. Hold your rate and surge past slower competitors—claim your slot at https://bit.ly/submitnowforms now

    Reply

  4. Delilah Schneider

    May 23, 2025 at 7:11 pm

    Massive USA B2B Database—12M decision-maker records in 7,900 niche-sorted Excel files.

    This master database drops only a few times annually; miss it, and you’re stuck waiting. Luckily, April 2025’s drop is still live—12 million leads, with granular role and sales data—at 80 % off.

    **Massive USA B2B Data. Lifetime updates.**

    Stay ahead while they play catch-up. Lock in lifetime updates today and maintain your targeting advantage.
    * Get it here: https://bit.ly/usdatabase

    Reply

  5. Yxkalizg

    May 27, 2025 at 8:44 am

    Explore the ranked best online casinos of 2025. Compare bonuses, game selections, and trustworthiness of top platforms for secure and rewarding gameplaycasino slot machine.

    Reply

  6. p2con

    June 5, 2025 at 10:04 pm

    can i buy cheap clomid no prescription get generic clomiphene for sale where to get generic clomiphene no prescription buy generic clomiphene without prescription where to buy cheap clomid tablets clomid challenge test protocol get clomiphene for sale

    Reply

  7. Michael Baptiste

    June 12, 2025 at 8:19 am

    Hey there,

    You guys are doing great in your industry. Would you like a no-cost AI SMS + Voice agent demo to help you book more sales appointments 24/7 with full automation, along with a free report estimating your potential lost revenue that shows what you’re potentially missing by not using AI agents?

    All the best,
    Michael Baptiste
    AI & Digital Marketing Expert

    100’s of clients worldwide
    15 years’ experience in digital, 4+ in AI

    Appeared on Fox News, The Think and Grow Rich International Mastermind show, The Les Brown podcast, Disrupt Magazine, Voyage MIA, MyCorporation, & more

    https://bit.ly/skywebai

    Reply

  8. Αναφορ Binance

    July 5, 2025 at 6:36 am

    Your point of view caught my eye and was very interesting. Thanks. I have a question for you.

    Reply

  9. oxdproism

    July 19, 2025 at 12:13 am

    Em resumo, o Big Bass Splash é um jogo de slot online emocionante e envolvente, que oferece aos jogadores a chance de ganhar prêmios incríveis enquanto desfrutam de uma temática única de pesca. Com gráficos impressionantes, uma variedade de símbolos e uma jogabilidade cativante, este jogo é uma excelente escolha para os entusiastas de cassinos online em busca de diversão e emoção. Vale dizer que jogos da Pragmatic Play também entram para a oferta, com o cassino sendo uma opção para quem procura a melhor plataforma para jogar Gates of Olympus, Tigre Sortudo e Big Bass Splash. Os desenvolvedores de jogos são conhecidos por todos, muitos jogadores estão recorrendo a programas de computador para ajudá-los a ganhar na roleta ao vivo. Na seção Configurações, melhor hora para jogar big bass splash em um cassino para garantir que ele atenda às suas necessidades e expectativas. Se você está procurando por um cassino virtual que ofereça um bônus de boas-vindas com 100% a mais, é provável que o cassino esteja certo de que a fraude está cometida.
    https://zoomtech.lk/2025/07/15/sweet-bonanza-da-pragmatic-play-review-completo-para-jogadores-do-brasil/
    O Starlight Princess 1000 oferece uma experiência encantadora, com multiplicadores de até 1000x, chance de ganhar até 15000x a aposta e tudo isso dentro de um cenário celestial. Informamos que as seguintes linhas de Eldorado do Sul terão ampliação de horários, a partir de segunda-feira dia 31 03 2025. Informamos que a tabela horária para o dia 18 04 2025 (sexta-feira) e 21 04 2025 (segunda-feira) será com horários de DOMINGO. Ao jogar Big Bass Splash, o usuário está exposto a uma alta volatilidade, assim como no Wild Wild Riches e Book of Dead. Isso significa que, durante suas horas de jogatina no Big Bass Splash slot, os prêmios não serão sorteados recorrentemente. Contudo, as premiações tendem a ser mais gratificantes. Para jogar o Big Bass Splash, é necessário acessar o jogo em um cassino online confiável e seguir algumas etapas simples. O processo começa com o cadastro no site do cassino, caso ainda não tenha uma conta. Confira o passo a passo abaixo:

    Reply

  10. dttlbxhlg

    July 22, 2025 at 3:01 pm

    Whether you’d like to explore Mission Uncrossable, or any of the other chicken-themed games at Roobet, you’ll find everything you need to get started on these pages. From comprehensive reviews and guides to the various promotional offers through tips to ensure you make the most of every gaming session at this crypto casino, everything you need to know can be found right here at SportsGambler. We, obviously, aren’t just going to let you go and play in the traffic without a little helping hand. So, to ensure you don’t end up with egg on your face, take a quick moment to read through our top tips to help you get the most out of Roobet Mission Uncrossable and help the chicken cross the road. Mission Uncrossable is a Roobet Original game. The goal is simple, get your Chicken as far across the road as possible. With every lane you cross safely, you’ll receive an increased multiplier on your original bet. However, with each lane, there is a possibility your Chicken will get hit by a car, which will result in you losing your entire stake.
    https://gdnsynergies.com/aviator-slot-game-top-picks-for-pakistani-players-this-year/
    Your gameplay at Stake.us will see you rise through the ranks of the Stake.us VIP club where you can pick up even more GC and SC rewards, as well as personalized customer support when you reach the higher tiers. glory casino bonus its players with generous bonuses that elevate the gaming experience. Claim your welcome bonus, participate in regular promotions, and unlock exclusive offers. Boost your winning chances with Glory Casino’s incredible rewards! In this article, we’ll take a closer look at what makes missionuncrossable.biz stand out in the competitive world of online gaming, what the game is all about, how players can benefit, and why it’s earning a reputation as one of the top destinations for adventure-style online play. Whenever you’re participating in a casino game it’s important to follow responsible gaming practices. This includes setting a budget and sticking to it. You can use the various responsible gaming tools at Roobet, including deposit limits and self-exclusions to help you in this process. Additionally, when playing Mission Uncrossable in auto mode you will be able to set a loss limit. This means if you lose a certain amount while playing in auto mode, your progress will be paused automatically.

    Reply

  11. Kristi Reed

    August 15, 2025 at 4:51 pm

    Did you guys take advantage of ERC Tax Credit or PPP Programs?

    Those were both temporary programs that Congress never renewed.

    But there is $2.3 trillion in pre existing programs that have been around for decades.

    Our company built a quick search tool so you can see what you qualify for.

    It only takes about 60 seconds.

    Check it out:
    https://gmg.me/761691

    Some of these programs are one time, some are quarterly and some are yearly

    Best regards,
    Kristi Reed
    Stryde & GMG
    Senior Advisor

    Whenever you choose to opt-out of future correspondence from me, please fill the form at bit. ly/fillunsubform with your domain address (URL).
    Via Dalla Staziun 145, Chittenango, CA, USA, 95610

    Reply

  12. binance

    October 23, 2025 at 12:02 pm

    Your point of view caught my eye and was very interesting. Thanks. I have a question for you.

    Reply

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest News

Zoho Pay Debuts as India’s New UPI Challenger, Taking on PhonePe, Paytm, and Google Pay

Published

1 week ago

on

October 23, 2025

By

Zoho Payment

Zoho Corporation has expanded its fintech portfolio with the launch of Zoho Pay, a UPI-based payments app built to challenge India’s top digital payment giants such as PhonePe, Paytm, and Google Pay. The new app supports peer-to-peer transfers, bill payments, QR-based transactions, and merchant settlements in a streamlined interface. Available as both a standalone app and an integrated feature inside Zoho’s privacy-driven messenger Arattai, Zoho Pay enables users to handle chats and payments in one platform, emphasizing data privacy and Made-in-India innovation.​

Through seamless integration with Arattai, Zoho Pay allows users to send or request payments, split expenses, and conduct UPI-based transactions directly in their chat windows. Users can link bank accounts, scan dynamic QR codes, and receive audio confirmations of payments, ensuring speed and security. This design mirrors the simplicity of India’s leading UPI apps but is powered by Zoho’s non-advertising, privacy-first model. The integration aligns with Zoho’s mission to build a self-reliant digital ecosystem, where messaging and money management coexist securely.​

In the competitive digital payments market, Zoho Pay differentiates itself through its tight business software integration with apps like Zoho Books, Zoho Payroll, and Zoho Commerce, offering small businesses unified access to payments, billing, and accounting. The company is also expanding its reach with POS devices for merchants featuring UPI QR, card payments, and instant reconciliation tools. With founder Sridhar Vembu’s vision of a ‘Chat + Pay’ ecosystem, Zoho Pay reflects a bold step toward redefining India’s fintech scene with a secure, ad-free, and locally developed alternative to global payment platforms.

Continue Reading

Latest News

Meta Expands AI-Powered Reels Translation to Hindi and Portuguese, Enhancing Global Creator Reach

Published

3 weeks ago

on

October 15, 2025

By

Meta has expanded its AI-powered translation feature for Reels to include Hindi and Portuguese, joining English and Spanish in empowering creators to reach a broader global audience on Instagram and Facebook. Originally launched in August 2025 with support for English and Spanish, this update now allows creators to seamlessly translate and dub their short videos, breaking language barriers across some of the largest Reels markets worldwide. The AI technology mimics the creator’s voice tone and even offers lip-syncing to ensure the translated videos feel natural and engaging for viewers.​

This enhancement is especially significant for India, the largest market for Facebook and Instagram, where over 600 million people speak Hindi. Content creators who are not fluent in Hindi can now easily access this vast audience, increasing their reach and engagement across diverse linguistic groups. To maintain transparency, all translated Reels are clearly labeled with “Translated with Meta AI,” and viewers can choose to switch translations on or off based on their preference.​

In addition to voice dubbing, Meta is developing features to translate captions and text stickers on Reels, making content more accessible even without sound. These AI translation tools are available free for eligible public Instagram accounts and Facebook creator profiles with over 1,000 followers. This innovation reinforces Meta’s commitment to fostering cross-cultural content sharing and enhancing creators’ ability to connect with audiences around the world through short-form videos.

Continue Reading

Latest News

Dunzo’s Collapse: Reliance’s ₹1,645 Crore Loss Signals Challenges in India’s Hyperlocal Delivery Market

Published

3 weeks ago

on

October 15, 2025

By

Startup Stories

Reliance Industries has officially written off its $200 million investment in Dunzo, a once promising quick-commerce startup in India. Despite high-profile backing and the potential to disrupt the hyperlocal delivery sector, Dunzo faced insurmountable challenges including high operational costs, unsustainable cash burn, and stiff competition from larger players like Zepto and Blinkit. Reliance’s decision follows Dunzo’s operational suspension, leadership exits, and failed attempts at securing additional funding or acquisition partners, ultimately resulting in the company’s digital platforms going offline in early 2025.​

The downfall of Dunzo was accelerated by its inability to maintain a healthy balance between rapid expansion and revenue growth, with losses in FY23 reaching an alarming ₹1,800 crore. With monthly expenses crossing ₹100 crore and mounting pressure to scale, Dunzo resorted to layoffs and delayed payments before shutting down most services outside Bengaluru. Reliance’s significant stake, initially seen as a strategic advantage, ended up limiting the startup’s flexibility in making independent decisions during its final months.​

Reliance’s write-off sends a strong message to India’s startup ecosystem about the risks inherent in quick-commerce and hyperlocal delivery models. Investors are increasingly focused on sustainable growth, disciplined scaling, and profitability. For Reliance, lessons from Dunzo’s collapse are shaping future e-commerce strategies, driving greater emphasis on operational efficiency and prudent financial planning in an intensely competitive market.

Continue Reading
Advertisement

Recent Posts

Advertisement