Adidas launches Reebok auction, China row may dent Asian interest
Sporting goods maker Adidas (ADSGn.DE) has launched the sale of its Reebok brand in an auction which risks being affected by a political row over possible forced labour in China’s western Xinjiang region, three sources told Reuters. Adidas bought the U.S. fitness label for $3.8 billion in 2006 to help compete with arch-rival Nike (NKE.N), […]
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