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Reebok International Limited (/ ˈ r iː b ɒ k /) is an American fitness footwear and clothing brand that is a part of Authentic Brands Group.It was established in England in 1958 as a companion company to J.W. Foster and Sons, a sporting goods company which had been founded in 1895 in Bolton, Lancashire.
In August 2021, it was announced that ABG would be acquiring the sports clothing brand Reebok from Adidas for at least US$2.5 billion in a deal expected to close in the first quarter of 2022. [31] Private equity companies CVC Capital Partners and HPS Investment Partners invested $3.5 billion in ABG in a deal that closed in November 2021. [32]
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Reebok Freestyle is an athletic shoe introduced in 1982 by Reebok. The Freestyle was the first sneaker designed (by Angel Martinez [ 1 ] ) and marketed for women. [ 2 ] [ 3 ] [ 4 ] It helped Reebok into the mainstream athletic wear market and fashion scene along with becoming one of the most popular athletic shoes of all time. [ 5 ]
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