Adidas Sells Reebok to Authentic Brands

Adidas has announced plans to sell Reebok to Authentic Brands Group. Authentic Brands Group will pay around $2.5 billion — the majority in cash — for the brand, according to a press release. The German sportswear company first revealed its intentions to divest from Reebok, which it has owned since 2006, in February, following an internal business review and the brand's underperformance. Footwear News reported that Authentic Brands Group was shortlisted as […]

August 19, 2021

Fashion

Fashion Comes to the Indy 500

With headquarters in Indianapolis — the racing capital of the world — it’s no wonder that Simon Property Group developed a strong affinity for the sport. This year, the 103th Running of the Indianapolis 500 will be on Sunday, May 26, and has put the shopping center developer and operator into overdrive with a slate of racing-related initiatives at its Indianapolis-area properties. At the Fashion Mall at Keystone recently, […]

April 30, 2019

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