Nike adidas adidas announces $3.6bn sale of adidas Originals brand, with 1.6m pairs sold to Adidas Originals

An adidas spokesman said the company had announced a $3bn sale to Adidas for its Originals brands and branded goods, including shoes, apparel and accessories.The deal follows a sale of Adidas Originations brand to rival retailer Under Armour earlier this year for $2.8bn.┬áThe deal will result in 1.1 million pairs of the adidas shoes, according […]