INDIA: Adidas considers Reebok store closures
By Petah Marian | 4 May 2012
Adidas has revealed it may close as many as a third of its stores in India as part of plans to maximise profitability in the market.
Join now for increased access
There are various access options to choose from. All provide instant access to the latest news, insight and expert analysis.
If you're already a member, login here.
More articles related to this one
GERMANY: Adidas cuts Reebok revenue targets by one-third
Adidas has made dramatic cuts to the long-term revenue targets for its Reebok brand, which has been impacted by lost business in the US and fraud allegations in India.
US: Reebok eliminates global president position
Reebok, which is owned by sporting goods giant Adidas, has removed the position of global president, moving Ulrich Becker to president of the brand's North American business.
INDIA: Workers protest against Reebok restructure?
Some 100 Adidas workers at its Reebok India business are staging protests against the sportswear giant's new franchise model, according to reports.
Market research related to this article
Apparel Specialist Retailers in India
The exponential increase in the costs of elementary inputs such as cotton and fuel caused apparel manufacturers – and in turn, retailers – to elevate unit prices even before additional duties were added by the union budget of 2011-2012. The new budge...
Performance apparel markets: business update, 4th quarter 2011
This report provides information, analysis and insight on: acquisitions, divestments and mergers; corporate social responsibility (CSR); financial results; free trade agreements; joint ventures, cooperation, licensing and distribution; legal issues; ...
Performance apparel markets: business update, 1st quarter 2012
This report provides information, analysis and insight on: acquisitions, divestments and mergers; corporate social responsibility (CSR); events; financial results; joint ventures, cooperation, licensing and distribution; legal issues; regional headqu...