Breaking News: Adidas to sell Reebok

A man walks in front of the Reebok store at Bahrain City Center in Manama, Bahrain

Adidas ADSGn.DE is planning to sell its Reebok division, Germany’s manager magazin reported on Thursday.

The group plans to complete the sale by March 2021, the magazine said, without citing sources.

Adidas declined to comment.

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