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The company revealed it took a goodwill impairment of 265 million euros at the end of last year. It said the loss was "mainly caused because of adjusted growth assumptions for the Reebok brand, especially in North America,Located in the former Mamas & Papas store, Latin America and Brazil."
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Another highlight of the store design is the changing rooms, which unlike most on the high street are spacious, have floor-to-ceiling mirrors, flattering lighting and even have magnetic-edged curtains so you can actually close them.
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Adidas AG, the second largest athletic apparel group worldwide, post losses of 273 million euros for the fourth quarter on Thursday, heavily weighted by its smaller or less profitable brands,wholesale apple macbook. It has written down the value of its weakening Reebok brand but it confident on sales and earnings would increase this year, it raised its dividend payments.
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