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“#Adidas sells Reebok to Authentic Brands for $2.5 billion” Adidas is selling Reebok to Authentic Brands Group for up to 2.1 billion euros ($2.5 billion) as the German sporting goods company concentrates on its core brand after a deal that did not deliver. Adidas bought Reebok for $3.8 billion in 2006 to help compete with arch-rival Nike,…
“#Adidas auction of Reebok takes a hit as key bidder Authentic Brands drops out” A key bidder has dropped out of the auction for Reebok, making it more likely that German-based Adidas will take an even bigger hit on its disastrous, 15-year stint as the owner of the struggling sneaker brand, The Post has learned….
“#Streetwear Brand BAIT Adds Another One-Punch Man Collab, With Adidas Originals” Since anime has become a streetwear fashion influence in the past 10 years, numerous brands have been making a name for themselves by collaborating with major properties and even tying in other outside brands that don’t regularly deal with anime fandom to develop sometimes…
“#Nine West partner offers to buy Reebok for over $1B” Offers to buy Reebok started rolling in this week with the licensing company behind Nine West and Frye offering around $1 billion for the money-losing sneaker label, The Post has learned. Jamie Salter’s Authentic Brands Group teamed up with Wolverine World Wide, the footwear maker…
“#Bernard Tapie, wife beaten and tied up in home robbery, cops say” Former Adidas owner and scandal-ridden French tycoon Bernard Tapie and his wife were tied up with electrical cords and severely beaten during a violent burglary at their home, according to officials. Tapie, 78, and wife Dominique Tapie, 70, were sleeping in their home…
“#H&M, Nike join brands facing boycotts over statements on Xinjiang cotton” Nike and Adidas came under attack on Chinese social media on Thursday over past comments the fashion brands have made about labor conditions in Xinjiang, part of a diplomatic row between China and the West. The sportswear companies were the latest caught up in a backlash prompted by a Chinese government call to stop foreign brands from tainting China’s name…
“#Kanye West Reportedly Worth BILLIONS MORE Amid Kim Kardashian Divorce! ” Kanye West is on the come-up! According to People, the 43-year-old rapper is currently worth $6.6 billion — even amid his ongoing divorce from beauty mogul and reality TV star Kim Kardashian — with some serious assets spread out across a LOT of business ventures!…
“#Kanye West could now be worth more than $6 billion” Kanye West’s family life may be a disaster, but his finances are looking up. The “Runaway” rapper — whose wife of seven years Kim Kardashian filed for divorce last month after months of headline-grabbing turbulence — has seen his Yeezy shoe and streetwear empire surge…
“#Where to buy Beyonce’s ‘Icy Park’ Adidas x Ivy Park designs” Enlarge Image Beyoncé’s latest Adidas x Ivy Park collection, dubbed “Icy Park,” will become available to buy on Friday, February 19. Instagram Beyoncé is ready to make it icy. The superstar, 39, launches her latest Adidas x Ivy Park collection, called “Icy Park,” today…
“#Meet the sneaker-collecting sisters behind @TheChicksWithKicks” Sisters Ariana, Dakota and Dresden Peters think of sneakers as works of art. With their father, retired real estate developer Douglas Peters, the squad of 20-somethings spent most of their lives curating and building up a collection of well over 6,000 pairs of designer sneakers. It’s one of the…