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Adidas Announces Major Changes At Reebok, Cuts 150 Jobs

When it’s deliver-or-die, supply chains become the lifeblood of a company. To that end, the fashion industry has embraced technology to navigate today’s hyper-complicated supply chain, with myriad solutions shaping the first, middle and last mile. Call it Sourcing 2.0.

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.

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