Donovan McNabb has some advice for Robert Griffin III, who¡¯s doing ¡®too much¡¯
Adidas bought Reebok in 2005 for $3.8bn (¡ê2.9bn) in an attempt to close the gap on bigger rival Nike but has now cut its 2015 sales target for the brand by a third after two quarters of declining sales.
¡°Today showed me I have a mind of steel,¡± he said. ¡°I could probably use objects with my mind.¡±
¡°The D.C. area has a young, affluent and highly educated population that is much more health conscious than other places in the country,¡± said Cushman & Wakefield broker David Dochter, who represented Athleta in the Georgetown deal. ¡°It¡¯s a perfect culmination of the characteristics that retailers and gyms want.¡±
Adidas had to have this sponsorship, added Greg Paull, co-founder of marketing consultants R3, who believes the brand was at risk because of Nike's deals with individual athletes.
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