Adidas to seek buyer for main golf business


  • Golf
  • Wednesday, 04 May 2016

A board with Adidas store logo is seen on a shopping center at the outlet village Belaya Dacha outside Moscow, Russia, April 23, 2016. REUTERS/Grigory Dukor

BERLIN (Reuters) - Adidas said it would aim to sell the bulk of its loss-making golf business to focus on shoes and clothing, after its core Adidas brand reported strong quarterly sales, particularly in the United States.

The German sportswear firm, which launched a review of its golf unit last August, said on Wednesday it would focus on selling golf shoes and clothing under the Adidas label and would seek to sell the TaylorMade, Adams and Ashworth brands.

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