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Reebok fraud: Parent adidas welcomes MCA action

Last Updated: Sunday, April 06, 2014, 15:30

Responding to a detailed questionnaire on the SFIO action, adidas Group said that Reebok India is a victim of the fraudulent activity.

Govt starts prosecution proceedings in Reebok fraud case

Last Updated: Sunday, December 29, 2013, 14:31

In its FIR filed with police last year, Reebok had alleged financial fraud to the tune of Rs 870 crore at the company by certain persons including senior executives of its India arm.

SFIO to soon start prosecution proceedings in Reebok case

Last Updated: Wednesday, November 20, 2013, 22:49

Sources said that SFIO has received the go-ahead from the Corporate Affairs Ministry to proceed with prosecution in the Reebok case.

Reebok India fraud 'deep in the past': Adidas India MD

Last Updated: Friday, November 15, 2013, 21:06

Terming last year's Rs 870 crore fraud at its arm Reebok India as a 'thing in the past', Adidas India MD Eric Haskell has said the company is now focused on building the brand and driving growth.

MCA likely to take final view on Reebok probe report soon

Last Updated: Tuesday, November 05, 2013, 15:46

With the Law Ministry giving its opinion on the SFIO probe report on alleged financial irregularities at sportswear maker Reebok India, Corporate Affairs Ministry is likely to soon take a final view on the issue.

Corporate Affairs Ministry to prosecute Adidas

Last Updated: Thursday, August 22, 2013, 23:15

As the parent company, Adidas which had acquired the Reebok in 2005, the ministry is gearing up to launch a formal prosecution within next few days.

SFIO submits final probe report on Reebok India

Last Updated: Thursday, August 22, 2013, 20:24

The Serious Fraud Investigation has submitted to government its final probe report on alleged financial irregularities at sportswear maker Reebok India.

Reebok India to open 100 'fit-hub' stores by early 2014

Last Updated: Monday, June 10, 2013, 16:32

Putting behind the 211 million euro hit due to alleged fraud at its arm Reebok India, Adidas group is now focusing on growing the brand with plans to open 100 'fit-hub' stores by early 2014 that will account for a major portion of Reebok's such new concept outlets worldwide.

Reebok asked to pay Rs 7,999 for damaged shoes

Last Updated: Sunday, March 31, 2013, 09:59

Reebok India Limited has been directed by a consumer forum to pay Rs 7,999 compensation to a customer for not repairing or replacing a pair of shoes.

Adidas takes euro 153 mn hit due to Reebok India irregularity

Last Updated: Thursday, March 07, 2013, 13:33

German sportswear giant Adidas on Thursday said its balance sheet for 2011 is negatively impacted by euro 153 million (over Rs 1,090 crore) due to 'commercial irregularities' at its arm Reebok India Co.

ICAI issues notice to Reebok's former executive Vishnu Bhagat

Last Updated: Tuesday, February 12, 2013, 23:03

Accounting regulator ICAI on Tuesday said it has issued show-cause notice to Reebok India's former Chief Financial Officer Vishnu Bhagat regarding alleged fraud at the sportswear maker.

Reebok charts new retail concept, mktg initiatives in India

Last Updated: Tuesday, January 29, 2013, 18:18

Besides using its brand ambassador and Indian cricket captain M S Dhoni, the firm intends to use well known personalities from different walks of life such as musicians, entertainers and professionals in its campaigns to enhance its brand equity in India.