Wednesday, August 03, 2005

Adidas acquires Reebok, second largest after Nike

The Hindustan Times says: Adidas did it; acquires Reebok to challenge Nike

Some consolidation in the high end footwear market, with Adidas and Reebok combining to take on Nike.

This may not have too much of an impact in India, where the local players rule the roost.

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