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Reebok India optimistic on getting 100 per cent FDI license to open own stores

Reebok India is expecting to get license in the next one or two months to open company-owned stores. The brand applied for 100 per cent FDI and is waiting for a response from the government. In November 2015, Adidas, the parent company of Reebok, had received approval to open 100 per cent foreign-owned large Adidas outlets in India. Senior...