Adidas Group takes a financial hit for Reebok

2013-03-12T00:00:00

The Adidas Group has taken a goodwill impairment charge of €265 million, finally acknowledging the reduced scope of the Reebok brand. This raised yet more questions about the prospects of the American brand, although the Adidas Group's managers insisted that Reebok should return to sales expansion in the second quarter ...

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