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Adidas plans to sell struggling Reebok brand

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Adidas said it plans to divest the underperforming brand Reebok that it failed to revive 15 years after buying the label to help compete with archrival Nike.

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Adidas plans to sell struggling Reebok brand, German sportswear maker Adidas plans to sell or spin-off its underperforming Reebok brand, 15 years after it bought the U.S. fitness label to help

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