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Some big apparel firms have made some significant progress on ethical issues
- Poulomi Mrinal Saha, 7 September 2005
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Adidas and Reebok - does size matter?
The union of two sportswear giants may be good news for corporate social responsibility
The merger still awaits approval from US and European authorities as well as Reebok shareholders. It is expected to be finalised by early next year.
The merger of Adidas and Reebok would create stiff competition for the sector’s biggest player, Nike. It is predicted the combined duo will have a close $12.3 billion in annual sales, compared with Nike’s $13.7 billion.
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