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The Reebok brand has struggled with several years of steady
decline. At one point in the 1980s it was - briefly - the world's top-selling
sports shoe, but its position has slipped steadily ever since. Like its rivals, the company felt the pinch from the global shift away
from white trainers in the late 1990s. Reebok was a little slower to manage a rebound,
despite diversification
into other clothing lines, such as Rockport walking boots. More
recently, the group scored a hit with its street-oriented
Rbk range which was closely aligned with the rap music and urban fashion
markets and in 2005, the company agreed to be acquired by Adidas
for around
$3.8bn, creating a significantly stronger competitor to leader Nike.
Yet despite the best efforts of Adidas the brand has suffered fresh declines
since then and in 2008 fell behind rival Puma to languish in last place among
the big four brands.
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Competitors: see Clothing & Fashion Accessories Sector index for competitive companies
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Reebok worldwide
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