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Adidas Posts Q4 Loss Of $346M Due To Weakening Reebok Brand
Published March 7, 2013
Meanwhile, adidas Chair & CEO Herbert Hainer said that the company "has dropped the plan to sell its hockey business as potential buyers did not make offers interesting enough." The ice hockey business suffered an 18% drop in sales in Q4 due to the NHL lockout (REUTERS, 3/7).