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adidas bought Reebok in 2006. At the time, the acquisition included the Rockport, CCM Hockey and Greg Norman brands, which adidas later divested for a total consideration of € 0.4 billion. In 2016 Reebok initiated a turnaround plan called "Muscle Up" through which the brand was able to significantly improve its growth and profitability .reebok share price today The YueYuen Shoes Factory in Dongguan is a giant shoe manufacturer with 50,000 employees and is a branch of the Pou Chen Corp (Chinese name: BaoCheng Group),In YueYuen Factory No.1 (Labor force:18000), 8000 workers or so produce for Adidas, 3000-4000 workers produce for Reebok. Other factories produce for other .218 Bury New Road Manchester M8 8DY Tel: 0161-819 1733 Fax: 0161-839 4224 Email: [email protected] Adidas announced in August 2021 that it would sell Reebok to ABG for $2.5 billion; the acquisition was finalized Tuesday. “We’ve had our sights set on Reebok for many years,” said Jamie . Like arch rival Nike, Adidas has seen its revenues evaporate in 2020. With more than 70 per cent of its physical stores closed during the height of the pandemic, revenue for the first half of 2020 .

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