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Adidas (ADDYY.PK) cuts its forecast for 2015 sales of its Reeboks brand to €2B from...
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Friday, September 21, 2012, 6:51 AM ETAdidas (ADDYY.PK) cuts its forecast for 2015 sales of its Reeboks brand to €2B from €3B after seeing sales slump in the current year. The company expects growth in its Adidas brand and golf business to offset the weakness at Reebok. Shares down 1.5% in Frankfurt trading.
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