SaveByRichter35 Posted March 8, 2017 Share Posted March 8, 2017 HERZOGENAURACH, Germany ? Adidas says it's putting the CCM Hockey brand up for sale. The German sports equipment and apparel giant made the announcement Wednesday as it reported its fourth-quarter and year-end results for 2016. The company reported a 14.3 per cent decline in net sales for CCM Hockey last year compared to 2015, and a bigger drop of 21.6 per cent in the fourth quarter compared to the same period a year earlier. Now headquartered in Montreal, CCM Hockey can trace its roots to its founding in September 1899 in Weston, Ont., as Canada Cycle & Motor Co. Ltd. ... In 2004, CCM Hockey was bought by Reebok, which was acquired by Adidas two years later. http://www.tsn.ca/adidas-seeks-buyer-for-ccm-hockey-1.690947 Link to comment Share on other sites More sharing options...
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