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Jul 26, 2021 · In the '80s, Reebok was the top sports brand for a time. Now it's dwarfed by Nike and Adidas. We take a look at the history of the brand, through the lens of the people who were there.
- Cara Salpini
Jul 29, 2021 · Roughly 15 years ago, Adidas acquired rival sneaker maker Reebok in a deal meant to challenge Nike's rise to dominance.
- Ben Unglesbee
Nov 14, 2024 · Chapter OneWhen Joe Foster founded Reebok with his brother Jeff in 1958, it was a small running shoe company with moderately sized ambitions: tackle the athletics market and break into the U.S.By the time Foster retired from Reebok in 1989, the brand had scaled to dizzying heights.
Reebok aimed to become a Nike killer and that tarnished its image even more as people didn’t take it as a serious brand. Now that Adidas is selling off Reebok, Reebok’s chances of reviving itself have risen again.
May 1, 2022 · Reebok had overtaken Nike because the primary athletics model within the mid-’80s, and in 1989 was nonetheless making greater than the sportswear large yearly, with $1.82 billion in gross sales in comparison with Nike’s $1.71 billion.
As news of Adidas selling Reebok to Authentic Brands Group breaks today, we revisit Retail Dive Senior Editor Cara Salpini's in-depth look at the brand, published last month: Reebok was meant to be a ‘Nike killer.’ How the brand lost its No. 1 spot.
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Published shortly before Authentic Brands announced it would acquire Reebok, the “Nike killer” piece was one of the most-read stories of the year across Retail Dive, and sparked an outpouring of responses from industry sources when it was published.