Reebok
Reebok
Oceania Classic
South America
Freestyle
Non-sport related endorsements
Nano
Charitable work Princess
See also Pump
Notes Ventilator
References Zig
Early history
In 1895, Joseph William Foster at the age of 14 started work in his bedroom above his father's sweetshop in
Bolton, England, and designed some of the earliest spiked running shoes.[9] After his ideas progressed, he
founded his business "J.W. Foster" in 1900; later he joined with his sons and changed the company name
to J.W. Foster and Sons.[10] Foster opened a small factory called Olympic Works, and gradually became
famous among athletes for his "running pumps".[9] For pioneering the use of spikes, the company's running
pumps appear in the book Golden Kicks: The Shoes that changed Sport.[11] The company began
distributing their shoes across the flag of the United Kingdom which were worn by British athletes. They
were made famous by 100m Olympic champion Harold Abrahams in the 1924 Summer Olympics held in
Paris.[11][12]
In 1958, in Bolton, two of the founder's grandsons, Joe and Jeff Foster, formed a companion company
"Reebok", having found the name in a dictionary won in a sprint race by Joe as a boy. The name is
Afrikaans for the grey rhebok, a type of African antelope.[11][13]
In 1979, an American businessman named Paul Fireman took notice of Reebok at the Chicago NSGA
(National Sporting Goods of America) Show. Fireman had previously been an executive with his family
business Boston Camping[14] Fireman negotiated a deal to license and distribute the Reebok brand in the
United States. The division became known as Reebok USA Ltd.[15] Later that year, Fireman introduced
three new shoes to the market at $60. By 1981, Reebok reached more than $1.5 million in sales.[10]
1980s–1990s
In 1982, Reebok debuted the Reebok Freestyle aerobics shoe, the first athletic shoe designed for
women.[10][16] The following year Reebok's sales were $13 million.[17] Fireman bought the English-based
parent company in 1984. Officially an American company in 1985, Reebok had its initial public offering
on the New York Stock Exchange under the ticker symbol RBK.[12][18]
The brand established itself in professional tennis with the Newport Classic shoe, popularized by Boris
Becker and John McEnroe, and the Revenge Plus, also known as the Club C. The company began
expanding from tennis and aerobics shoes to running and basketball throughout the mid to late 1980s, the
largest segments of the athletic footwear industry at the time.[18] In 1986, Reebok switched its logo from
the Union Jack it had since its founding, to the vector logo—an abstract Union flag streak across a race
track—which mirrored the design of the side flashes of its shoes.[3][19] The switch signaled the transition of
the company into a performance brand as it began licensing deals with professional athletes in the NBA
and NFL.[20]
During the 1980s Reebok began introducing sports clothing and accessories (alongside entering the
college/pro sports arena), along with a line of children's athletic shoes called Weeboks.[21] By mid-decade,
Reebok's sales were about $1 billion.[22] One of the company's most iconic technologies,[23] the Reebok
Pump, debuted in 1989[24][25] with more than 100 professional athletes wearing the footwear by 1992,
including Shaquille O'Neal.[10][26]
Reebok worked with fitness professional Gin Miller in the late 1980s to develop Step Reebok, based on
Miller's wooden prototype step and her ideas for step aerobics. The Step was evaluated in physiology trials
undertaken by Drs. Lorna and Peter Francis at San Diego State University. In August 1989 the Step was
ready, made in molded plastic by Sports Step of Atlanta with Reebok's name on it,[27] and by March 1990,
the step aerobics classes were attracting media attention.[28] Miller promoted Step Reebok in person,
touring the U.S. and demonstrating it at exercise studios. Step aerobics became widely popular, helping the
company sell many thousands of adjustable-height step devices and millions of high-top shoes with ankle
support.[13] Step aerobics peaked in 1995 with 11.4 million people exercising in that style.[29]
Reebok named Carl Yankowski president and chief executive officer of the brand in 1998, replacing former
president Robert Meers.[30][31] Yankowski stepped down one year later to accept an executive position at
another company. Reebok chairman and CEO Paul Fireman took over as president for the first time in 12
years.[31]
2000s
Reebok signed Venus Williams after she won singles titles at Wimbledon and the 2000 Summer
Olympics.[32] In December 2000, Reebok signed a 10-year licensing agreement with the NFL for the
exclusive rights to manufacture and sell NFL licensed merchandise, including uniforms and footwear, for
all 32 teams.[33] Reebok also became the official uniform and apparel provider for the Canadian Football
League in 2004.[34]
In 2001, Reebok became the exclusive apparel outfitter for the 29 teams in the NBA,[35] and 16 WNBA
teams for ten years beginning in the 2004–2005 season.[36] The deal also added the Reebok vector logo to
the 2004 U.S. Olympic basketball team's uniforms.[37] Also in 2001, Reebok hired the Arnell Group with
Peter Arnell as their lead marketing agency. They created the "Outperform" campaign, the Yao Ming line,
the Rbk brand and the famous Terry Tate Super Bowl commercial, among other programs.[38][39][40] Later
in 2001, Jay Margolis was named as Reebok's president and COO.[41] After launching retail flagship stores
in China, Dhaka, London, Los Angeles, New York, Philadelphia and Tokyo, Margolis resigned in October
2004. Fireman took over as president after signing a new long-term employment agreement with the
Reebok board of directors.[42]
Reebok acquired official National Hockey League sponsor CCM in 2004. The company began
manufacturing ice hockey equipment under the CCM and Reebok brands. Reebok phased out the CCM
name on NHL authentic and replica jerseys, using the Reebok logo since 2005. CCM became Reebok-
CCM Hockey in 2007. Reebok moved most of its hockey equipment lines to CCM after 2015.[43] In 2017,
Adidas sold CCM to a Canadian private equity firm, Birch Hill Equity Partners, for around $100
million.[44]
Adidas ownership
Following an intellectual property lawsuit in August 2005, Adidas acquired Reebok as a subsidiary, uniting
two of the largest sport outfitting companies, but maintaining operations under their separate brand
names.[45] Adidas acquired all of the outstanding Reebok shares and completed the deal valued at $3.8
billion.[46] Following the acquisition, Adidas replaced Reebok as the official uniform supplier for the NBA
in 2006[3] with an 11-year deal that includes the WNBA, replica jerseys, and warm-up gear.[47]
Reebok named Paul Harrington president and CEO of the company in January 2006, replacing Paul
Fireman who was acting president since 2004. Harrington joined the company in 1994 and was Reebok's
senior vice president of global operations and chief supply chain officer.[48]
In 2010, Reebok announced a partnership with
CrossFit, a fitness company and competitive fitness
sport, including sponsoring the CrossFit Games,
opening CrossFit studios, and introducing a line of co-
branded footwear and apparel for Fall 2011.[49] In 2011,
Reebok debuted the CrossFit delta symbol on the
brand's fitness apparel line. Around that time, Reebok,
as it lost contracts to make sportswear for professional
Adidas Reebok European headquarters in
and college teams, (its last uniform rights contract, with
Amsterdam (2017)
the NHL, ended in 2017) began repositioning itself as a
fitness-oriented brand, just as it had been during the
1980s and early 1990s.[50]
In 2013, Reebok announced another fitness partnership with Les Mills International.[3] The agreement
included Reebok footwear and clothing integration into Les Mills' fitness programs and media marketing.
By July 2013, the red delta sign began appearing on Reebok's fitness collections. The brand announced it
was phasing out the vector logo and replacing it with the delta sign, the company's second logo change in
more than 120 years. The delta symbol is meant to symbolize three pillars of positive self-change—mental,
physical and social—as Reebok increases its presence in the fitness industry with yoga, dance, aerobics and
CrossFit.[20]
Following a successful re-release of many of its iconic sneaker and apparel lines from the early/mid 1990s,
in November 2019, Reebok announced that it was updating the 1992 vector logo along with the original
"Reebok" script in Motter Tektura typeface and restoring both as the company's core brand identity, citing
that consumers still identified with them rather than the red delta logo,[51] although the delta would
continue to be used on some fitness lines.
After some financial struggles, Adidas announced in February 2021 its plans to divest the Reebok brand as
the German sportswear maker moves on after trying to revive its performance for more than a decade, after
analyzing options for the brand[52] and expects a hit of about 250 million euros to operating profit from
costs to make its struggling Reebok brand a standalone company as it prepares to sell or spin-off the
business, with a third of that in 2022 but none in 2023.[53]
In July 2021, Adidas shortlisted bidders for the brand, the finalist companies being Wolverine World Wide
and Authentic Brands Group on a joint deal, private equity companies Advent International, CVC,
Cerberus Capital, and Sycamore Partners, with a deadline for August 2021.[54] On August 12, 2021, it was
announced that Authentic Brands Group would be acquiring the Reebok brand from Adidas for at least
$2.5 billion.[55] On March 1, 2022, the acquisition was finalized.[56]
Logo evolution
2019–present
Offices
Reebok's former parent company, Adidas, is headquartered in Herzogenaurach, Bavaria, Germany, while
the Reebok world headquarters remains located in Boston, Massachusetts, U.S.A. Reebok EMEA (Europe,
Middle East, Africa) has its regional office in Amsterdam, Netherlands. The company also has additional
regional offices located in Panama City (Reebok Latin America), Shanghai (Reebok Shanghai International
Commerce Centre), Singapore, Taikoo Shing, and Toronto.[57]
Reebok first entered the South Korean
market in 1987 and has since been making substantial revenue in South Korea. It is shown that it is the
third most popular sports brand in South Korea. Through the merger and acquisition of the brand by
Adidas in 2005, Reebok is no longer listed as a company in South Korea.
Products
Reebok designs, manufactures, distributes and sells fitness, running and CrossFit sportswear including
clothing and footwear. The company has released numerous notable styles of footwear including the 1982
introduction of the Reebok Freestyle that was manufactured and marketed for women.[58] In 1984, the shoe
accounted for more than half of the Reebok sales.[59] Following the aerobics trend from the 1980s to early
1990s, Reebok also released workout programs called Reebok Step beginning in 1989.[60] The brand also
introduced one of their most signature shoes, The Reebok Pump. The footwear collection was released as a
men's basketball shoe and the world's first fully adjustable fit controlled with manual air allocation.[61]
The Reebok Ventilator, a line of lightweight athletic shoes with vented Reebok footwear
side panels, was first introduced in 1990.[62] In 1996, Reebok signed a
$50 million endorsement deal with Allen Iverson when he signed with
the Philadelphia 76ers.[63][64] Iverson collaborated with Reebok during
his contract to create the second-longest running basketball shoe line in
history, beginning with the Question shoe in 1996 and ending with
Answer XIV.[65]
Endorsements
Asia
Reebok sponsored kits for top seeded Indian Football clubs, Mohun Bagan AC (2006–11) and East Bengal
FC (2003–05, 2006–10).[72] Later it sponsored kits for Indian Premier League teams, such as the Royal
Challengers Bangalore, Kolkata Knight Riders, Rajasthan Royals and Chennai Super Kings in the first
edition of the league held in 2008. However, for the second edition held in 2009, the sponsorships included
Royal Challengers Bangalore, Kolkata Knight Riders, Chennai Super Kings, Kings XI Punjab kits.[73][74]
In May 2012, Reebok India filed a criminal complaint against former managerial employees, Subhinder
Singh Prem and Vishnu Bhagat, accusing them of a financial fraud of up to US$233 million.[75] On the
charge of alleged Foreign Exchange Management Act (FEMA) violations, Reebok India was booked and
may face penal action.[76] Twelve further arrests of employees and associates were made during the same
period. As of July 2013, Prem and Bhagat were granted bail by the high court but remained imprisoned
following their detainment in September 2012.[77]
One of Reebok's most prominent athletes, Indian cricketer Mahendra Singh Dhoni, was named by Forbes
as the world's thirty first highest-paid sportsperson in June 2012. At the time of the article, Dhoni endorsed
more than 20 other brands in deals that were cumulatively valued at US$23 million.[78]
Europe
(Left): The Reebok logo on the seating of what was then Reebok Stadium (now University of Bolton stadium) in
the founder's home town of Bolton, England; (right): Ryan Giggs in his Reebok Sprintfit football boots. The
former Manchester United winger signed an endorsement with Reebok in the early 1990s
The company maintained its relationship with its origins in the UK through a long-term sponsorship deal
with Bolton Wanderers, a League One football club, however, in 2009, Bolton changed their sponsorship
to 188bet. When the team moved to a brand new ground in the late-1990s, their new home was named the
Reebok Stadium.
Several other English clubs, such as Liverpool F.C., had Reebok sponsorship deals up until the purchase by
Adidas, but most have since switched to either the parent brand (which has a long history in football) or
another company altogether. In April 2014, Bolton Wanderers officially announced the Reebok Stadium
would be officially rebranded in a new sponsorship deal with sportswear manufacturer Macron, who will
manufacture the club's kits and sponsor the stadium under the name Macron Stadium in a four-year deal
announced by the club's chairman, Phil Gartside.[79] In Germany, Reebok sponsored football club 1. FC
Köln.[80]
In rugby union, Reebok sponsored the Wales national team until late 2008, who won the Grand Slam in the
Six Nations Championship in that year, and the Tasman Makos in New Zealand's domestic competition, the
Air New Zealand Cup.[81]
In 2006, Arsenal and France national team striker Thierry Henry signed a deal to join the "I Am What I
Am" campaign on August 1, 2006.[82] Manchester United winger Ryan Giggs has also done "I Am What I
Am" commercials.[83] Andriy Shevchenko started his endorsement deal with the company in 2006.[84][85]
Russia
In February 2019, the Russian Instagram version of a global Reebok advertising campaign to promote
female empowerment under the hashtag #BeMoreHuman featured the slogan "Sit not on the needle of
men’s approval – sit on men’s face." After facing outrage on social media, Reebok removed the slogan and
their Russian marketing director resigned.[86]
On March 21, 2022, Reebok suspended all branded stores and e-commerce operations in Russia after
Russia's invasion of Ukraine.[87]
North America
In 2004, Reebok entered into a deal that allows them the rights to manufacture Canadian Football League
(CFL) onfield jerseys, sideline gear and footwear; this deal ended in 2015.[88]
In Mexico, Reebok was kit provider of Chivas de Guadalajara
before the team was taken over by parent company Adidas in
2011.[89]
United States
Reebok signed a four-year deal to become the official shoe supplier to Major League Baseball (MLB) in
2004;[92] Reebok also was given the rights to be the official uniform and apparel provider of the Canadian
Football League (CFL) that same year; this alliance lasted until 2015.[93]
Reebok held the rights to produce the on-ice "EDGE" Uniform System, performance clothing and training
footwear of the National Hockey League (NHL) in a 10-year agreement from 2007 to 2017.[94]
On December 2, 2014, the Ultimate Fighting Championship (UFC) announced a six-year deal with
Reebok, which began in July 2015.[95]
In July 2018, Reebok Boston Track Club announced to be led by coach Chris Fox from Syracuse
University.[96][97][98]
Oceania
In 2005, Reebok also signed an exclusive agreement to design and supply all eight team home and away
strips for the new Australian A-League competition. Although not an expensive deal, this partnership paid
dividends for Reebok, due to the growing popularity of football and the league in the area. An estimated
125,000 A-League jerseys were sold in Australia, a record for a single league's sales in a year for a sports
manufacturer.[99] Reebok's agreement ended at the finish of the 2010–11 season.
South America
Reebok was the uniform provider for Brazilian clubs Cruzeiro, Vasco, Internacional and São Paulo FC,
Argentinian clubs San Martín de Los Andes, Paraguayan club General Díaz and Uruguayan club
Peñarol.[100]
Rapper Jay-Z became the first non-athlete to get a signature shoe from Reebok. The "S. Carter Collection
by Rbk" was launched on November 21, 2002, and the S. Carter sneaker became the fastest-selling shoe in
the company's history.[101] Later, Reebok made a deal with rapper 50 Cent to release a line of G-Unit
sneakers, and artists such as Nelly and Miri Ben-Ari have become spokespersons for the
company.[102][103] Reebok also signed Scarlett Johansson and introduced her own line of clothing and
footwear called Scarlett Hearts, part of the Rbk Lifestyle Collection. The company also produces shoes for
Emporio Armani under the label EA7. Artists and fashion figures that have signed endorsement agreements
with Reebok over the years include Ariana Grande, Gal Gadot, Gigi Hadid, Victoria Beckham,[104][105]
Cardi B, and Camille Kostek.[106]
In January 2021, Reebok released a collection of shoes based on the DreamWorks Animation franchise
Kung Fu Panda.[107]
Charitable work
The Reebok Foundation operates the "Build Our Kids' Success" (BOKS) program to provide US
schoolchildren with physical activities before the school day. Reebok funds the program with direct grants
and by contributing a percentage of shoe sales.[108]
See also
Reebok advertising campaigns
Reebok Pro Summer League
Reebok Pump
Notes
1. Although Reebok itself was established in 1958 by Joe and Jeff Foster,[1] the date of
foundation is listed as 1895, when the original family business, J.W. Foster and Sons was
established by their grandfather Joseph W. Foster to manufacture athletic shoes. The
original family business was eventually absorbed by Reebok in 1976.[2]
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External links
Official website (https://www.reebok.com/)