Aug. 12 - Adidas inks $2.5B deal to sell Reebok to Authentic Brands
Dillard's swings to profit in Q2 as women buy clothing and shoes; Resale retailers mostly shrug off delta worries after healthy Q2; The demise of the department store? Not so fast; Canada Goose shares slump as it moves to DTC model
Shoptalk Fall Meetup (Oct. 19-21, Online) gathers thousands of retail execs for 1:1 meetings and interactive discussions. Qualified retailers & brands attend free.
Note from the editor
In February, Adidas put Reebok up for sale after months of rumors. Today, Adidas announced Reebok would be sold to Authentic Brands Group for just shy of $2.5 billion.
For reference, Adidas bought Reebok in 2006 for $3.8 billion. It's another reminder that Reebok was once far bigger than it is today, challenging even the likes of Nike.
To read more about the brand's journey to No. 1 — and where it's gone since — in our in-depth profile on the brand, click here.
Cara Salpini Senior Editor, Retail Dive Email | Twitter
With the advent of technology and the subsequent changes in the business landscape, warehouse digitalization is becoming a necessity if businesses wish to remain relevant and competitive.
Department stores still have a strong value proposition, if only they can reimagine their experience, write Alvarez and Marsal's Mohit Mohal and Jonathan Sharp.
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