German sportswear giant appoints investment bank to explore options for business, which includes TaylorMade, as sport falls out of favour
Adidas has put its golf division, which includes the world’s biggest golf brand, TaylorMade, up for sale as the popularity of the sport wanes.
The German sportswear giant has instructed an unnamed investment bank to explore options for the business, and announced on Thursday that golf sales fell 26% in the second quarter.
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Source: The Guardian Circular Economy RSS