Facebook Pinterest Search Icon SourcingJournal_horiz Tumbler Twitter Shape photo-camera graph-trend Shape latest-news icon / user

Adidas Announces Major Changes At Reebok, Cuts 150 Jobs

When it comes to sustainability, there is no way forward without a plan. Attend our in-person “Sustainability Summit: Road to 2030” June 1 in NYC. Learn from the industry’s best and brightest, and network to create those necessary partnerships!

Reebok
Kasper Rorsted has been Adidas’ chief executive for little more than a month, but he’s already making some big changes at the German footwear company.

Adidas’ struggling Reebok unit will be downsized, including major cuts to its retail fleet and the shedding of 150 employees, Rorsted revealed during the company’s third-quarter earnings call Thursday.

Read the full story on Vamp.

Related Articles

More from our brands

Access exclusive content Become a Member Today!