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Adidas Tees Up To Sell TaylorMade, Golf Brands to focus on Footwear & Apparel Business

Adidas announced yesterday that its board had decided to sell all of its golf businesses including TaylorMade, Adams and Ashworth to focus efforts and resources on the footwear and apparel business.

The decision is not a major surprise to many as the brand has seen tremendous growth in the sneakers and apparel business of the Adidas and Reebok brands, while TaylorMade posted a 28% decline in sales for 2014.

Continue reading Adidas Tees Up To Sell TaylorMade, Golf Brands to focus on Footwear & Apparel Business at Nice Kicks.

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