08-02-2005, 11:49 PM | #1 | ||
Head Coach
Join Date: Apr 2001
Location: Whittier
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Should be interesting for the Shoe Market
By DENNIS K. BERMAN
Staff Reporter of THE WALL STREET JOURNAL August 2, 2005 7:05 p.m. German athletic-apparel maker Adidas is near a deal to buy U.S. rival Reebok International Ltd., according to two people familiar with the matter, in a bold stroke to challenge the supremacy of market-leader Nike. Exact terms of the deal could not be learned Tuesday night, but one person familiar with the situation said a deal could come soon. Reebok, based in Canton, Mass., has a market capitalization of $2.6 billion, and has revitalized its brand after repeated cold spells in the fashion-conscious market for athletic shoes and gear. |
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08-03-2005, 12:12 AM | #2 |
Coordinator
Join Date: Apr 2005
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I always though Reebok was British, with the Union Jack apart of its logo.
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08-03-2005, 08:53 AM | #3 |
Pro Starter
Join Date: Oct 2000
Location: Cary, NC
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Reebok / Nike / Adidas, who cares, I want shares in Stride-Rite. $80 every couple of months for a new pair of sneakers and sandals (or boots during the winter) for my daughter, now that's a racket.
(no one else sells wide sizes, these are the only ones that fit)
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-- Greg -- Author of various FOF utilities |
08-03-2005, 10:04 AM | #4 | |
Pro Rookie
Join Date: Feb 2003
Location: Raleigh, NC
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Quote:
I concur wholeheartedly. ("She's already outgrown them? But...but...but we just got them!") |
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