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The U.S. footwear and apparel brand has published fiscal 2021 financial results for its second-quarter ending November 30, 2020, with reported revenues of US $11.2 billion, up 9% compared to the prior year and 7% on a currency-neutral basis.
The global sportswear manufacturer announced it has begun to assess strategic alternatives for the Reebok brand as part of the development of its new five-year strategy. Reports ILM.
The global sportswear manufacturing Group is reportedly exploring the sale of its Reebok brand, reports ILM.
Sales for the international sportswear Group increased 18.4% on a reported basis to €5,502 million (+16.7% currency adjusted).
Fashion United’s Don-Alvin Adegeest writes that there is a collaboration that will equally excite sneakerheads and fashionistas. Italian luxury label Prada is joining forces with sportswear giant Adidas on a new collaboration. No longer a rumour, it was officially announced by Prada via its Instagram account on Thursday, which depicted an unassuming Prada shopping bag containing two Adidas shoe boxes.
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