Adidas or Reebok which is better

How are Reebok and Adidas related?

Following an intellectual property lawsuit in August 2005, Adidas acquired Reebok as a subsidiary , uniting two of the largest sport outfitting companies, but maintaining operations under their separate brand names. Adidas acquired all of the outstanding Reebok shares and completed the deal valued at $3.8 billion.

Through ABG's operating model, Reebok will have the ability to evolve and embrace its iconic creativity, quality and innovation. It's time to let Reebok be Reebok.” New York, NY, March 1, 2022 - Authentic Brands Group (ABG) today announced that it has completed the acquisition of Reebok from adidas.Mar 1, 2022