[ad_1] German sportswear giant Adidas is selling Reebok for just over half that, sixteen years after purchasing Reebok for $4 billion. Authentic Brands Groupgreedy buyer of struggling brands. Over the past few years, Authentic has acquired: the brooks brothers and forever 21by adding it to a barn containing Sports Illustrated. The acquisition of Reebok for …

Continue reading “Adidas sold Reebok to Authentic Brands for $2.5 billion.”