BNET Industries
Last Fiscal Year Sales:$3.7B
- Private
- US
Dow Jones Description
Mfr, Distr & Marketer of Footwear & Athletic Apparel
Number of Employees 9,102
Contact Information
1895 JW Foster Blvd
PO Box 1060
Canton, Massachusetts 02021-1099
1 800 934 3566
Peer Companies
NAICS Code Sporting and Athletic Goods Manufacturing: 339920
Recent Events
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Croatian seamstress ordered to pay $5.7 million
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Reebok-CCM Hockey: Ice, Innovation, Image
News & Analysis
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marketing and reebok international ltd. and sales - All News and Analysis
Adidas posts jump in first-quarter profit
BERLIN AFP — Adidas, the world's second-biggest sports goods group, reported increased first-quarter profit on Tuesday, but its struggling Reebok brand saw orders fall by 22 percent. Adidas' net profit gained 32 percent to 169 million euros (262 million dollars) as it cut costs and reaped the benefit of...
Vick co-defendant working deal; Nike contract on hold
Four days after Atlanta Falcons quarterback Michael Vick and three other men pleaded innocent to federal dogfighting charges, one of Vick's co-defendants is due back in court today in Richmond, Va., for a hearing on a potential deal with prosecutors. Meanwhile, Nike has suspended its endorsement...
World Cup lifts Adidas profits
HERZOGENAURACH, Germany AFP — The World Cup soccer tournament helped lift Adidas profits in 2006, but the German sportwear maker warned Wednesday that earnings growth would slow this year because of difficulties at US unit Reebok. Adidas said that its net profit increased 26.1 percent to 483 million euros...
ADIDAS REAPING REEBOK'S REWARDS; GROUP SEES NET INCOME RISING SIGNIFICANTLY OVER NEXT THREE YEARS AS REEBOK BRAND IS INTEGRATED.(adidas-Salomon AG profits after acquiring Reebok International Ltd.)
Byline: SAMANTHA CONTI, CONTRIBUTIONS BY BRENDA LLOYD LONDON - For the freshly minted Adidas Group, there is no doubt-bigger is better. Last week the German company outlined its plans for Reebok, which it acquired earlier this year for $3.8 billion,...
SPORTING GOODS HIT FAST TRACK; SALES CLIMB 6.8 PERCENT IN 2005; SIMILAR GROWTH PROJECTED FOR 2006, SUPER SHOW ATTENDEES TOLD.(markets)
Byline: BRENDA LLOYD ORLANDO, Fla. - Growth of the sporting goods market is the best it's been in years, according to Tom Cove, president and CEO of SGMA International, in delivering his state of the industry address on the opening day of the Super...
ACTIVE CULTURE; SPURRED BY NEW PERFORMANCE FABRICS, ACTIVEWEAR IS GAINING AS TOP BRANDS FUSE SPORTS AND LIFESTYLE LOOKS.
Byline: BRENDA LLOYD With the Winter Olympic Games coming up in Turin, Italy, followed by World Cup Soccer next summer in Germany, the active and sports apparel markets are gearing up for prime-time apparel opportunities in 2006. In the...
FOOTNOTES: TIMBERLAND TO ACQUIRE SMARTWOOL FOR $82M...NEW RUNNING SHOE RACES AHEAD OF ITS RELEASE...JUSTIN BOOTS THINKS PINK.(business)
Timberland to Acquire SmartWool for $82M Stratham, N.H.-based Timberland is adding another name to its roster. The footwear giant said last week that it planned to acquire SmartWool, a maker of socks and accessories, for about $82 million. Timberland signed an...
Adidas buys Reebok; trainer giant formed as two major footwear makers unite.(newslines)(Adidas-Salomon AG)(Reebok International Ltd)(Brief Article)
HERZOGENAURACH, GERMANY -- In a deal which creates "a 9000 million footprint in global athletic footwear," Adidas-Salomon AG has acquired US competitor Reebok International Ltd. The deal is valued at 3100 million ($3800 million) and will add to Adidas," earnings in the first year,...
BALANCE SHEET; WINNERS AND LOSERS ON THE FISCAL BATTLEFIELD.(Gildan Activewear Inc., I.C. Isaacs and Co., Reebok International Ltd. and adidas-Salomon Canada Ltd.)
Byline: Arthur Zaczkiewicz and Meredith Derby Last week's $3.8 billion, or $59-a-share, acquisition of Reebok by Adidas-Salomon looks like a sweet deal for Reebok's shareholders. The price tag is a premium of about 34 percent. In a research note by Margaret Mager, Goldman Sachs...
Adidas-Reebok merger lets rivals nip at Nike's heels
Adidas wants Reebok to help it double-team the "big man" on the court in the $57 billion-a-year U.S. sports footwear and apparel market. The Germany-based global power announced on Wednesday a $3.8 billion deal to buy Canton, Mass.-based Reebok, uniting two of the world's top sports companies and creating...
