Should be interesting for the Shoe Market

[MrBug708]

By DENNIS K. BERMAN
Staff Reporter of THE WALL STREET JOURNAL
August 2, 2005 7:05 p.m.

German athletic-apparel maker Adidas is near a deal to buy U.S. rival Reebok International Ltd., according to two people familiar with the matter, in a bold stroke to challenge the supremacy of market-leader Nike.

Exact terms of the deal could not be learned Tuesday night, but one person familiar with the situation said a deal could come soon.

Reebok, based in Canton, Mass., has a market capitalization of $2.6 billion, and has revitalized its brand after repeated cold spells in the fashion-conscious market for athletic shoes and gear.

[Galaxy]

I always though Reebok was British, with the Union Jack apart of its logo.

[gstelmack]

Reebok / Nike / Adidas, who cares, I want shares in Stride-Rite. $80 every couple of months for a new pair of sneakers and sandals (or boots during the winter) for my daughter, now that's a racket.

(no one else sells wide sizes, these are the only ones that fit)

[Wolfpack]

Originally Posted by gstelmack

Reebok / Nike / Adidas, who cares, I want shares in Stride-Rite. $80 every couple of months for a new pair of sneakers and sandals (or boots during the winter) for my daughter, now that's a racket.

(no one else sells wide sizes, these are the only ones that fit)

I concur wholeheartedly. ("She's already outgrown them? But...but...but we just got them!")