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Adidas sees role for Reebok despite writedown
Reuters India The goodwill writedown was linked primarily to a weak performance in the United States and Latin America and pushed Adidas to a surprise fourth quarter loss. Operating profit for the year as a whole slipped 3 percent to 920 million euros. Reebok has … Reebok writedown wipes out Adidas fourth-quarter profit Adidas posts loss on weaker Reebok prospects Adidas posts a loss |