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from Breakingviews:

Adidas can’t afford to be sentimental about Reebok

By Olaf Storbeck

The author is a Reuters Breakingviews columnist. The opinions expressed are his own. 

Unwinding the ill-fated acquisition of Reebok could offer a much-needed new start for German sportswear maker Adidas.

Purchased in 2006 for an overpriced $3.8 billion, Reebok has never lived up to expectations. Now a group of investors including Jynwel Capital and funds affiliated with the Abu Dhabi government is mulling a 1.7 billion euros ($2.2 billion) bid for the unit, according to the Wall Street Journal.

It is easy to see why Reebok might now be attracting interest. Adidas initially suffered disappointing synergies and falling sales from the business. But the deal has slowly started to pay off thanks to Reebok repositioning from a general sportswear maker to a personal fitness brand, focusing on yoga, dancing and cross fit (fusing weightlifting, gymnastics and endurance activities). Reebok sales have grown five quarters in a row and profitability is improving.

from Breakingviews:

A creative NFL would lean in to Sheryl Sandberg as commissioner

sherylsandberg.jpg

The author is a Reuters Breakingviews columnist. The opinions expressed are his own. 

The latest uproar over the National Football League may have died down, but team owners convening this week are fooling themselves if they think the backlash is over – or that Commissioner Roger Goodell won’t bungle the next big controversy that comes along. An unconventional idea for a replacement is Facebook No. 2 Sheryl Sandberg.

from Photographers' Blog:

Remote Dangers

Incheon, South Korea

By Rob Dawson

To receive messages saying, “Police detained me” and “Running a bit late. Broke my nose,” is not something I expected when editing the Asian Games. With some 10,000 athletes taking part in the 16-day multi-sport competition it was always going to be a challenge to cover such a sporting spectacular, but this was out of the ordinary.

South Korea's Jung celebrates beating Uzbekistan's Turdiev in their Men's Greco-Roman 71 kg gold medal wrestling match during the 2014 Asian Games in Incheon

As a picture editor, I was based in the Main Press Centre, sitting alongside colleagues from text and TV. I was often the central point of contact for the six photographers covering the event alongside my main responsibility for picture editing.

from Breakingviews:

Rob Cox: Flurry of ski M&A aims to control weather

By Rob Cox

The author is a Reuters Breakingviews columnist. The opinions expressed are his own. 

The ski business is amid a flurry – not of snow, but of deals. At the center of the action is Vail Resorts, a $3 billion publicly traded operator in an industry traditionally dominated by family and local owners. The company is upending winter-sports convention in a variety of ways. Chief among them is trying to prove that it can control the weather with some corporate finance.

from Breakingviews:

NFL only understands hits where they really hurt

By Jeffrey Goldfarb

The author is a Reuters Breakingviews columnist. The opinions expressed are his own. 

The National Football League has thrown its weight around to grow into a $10 billion entertainment colossus, and already has its sights firmly set on doubling. It is swiftly becoming apparent just how many victims of the sport’s violence routinely get trampled by this gladiatorial march toward greater lucre. Only the moral compasses of sponsors and television partners have a commanding enough offense to reform this uniquely American athletic institution.

from Breakingviews:

Ballmer’s exit value is now Nadella’s to preserve

By Jeffrey Goldfarb

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

Steve Ballmer’s exit value is now Satya Nadella’s to preserve. Microsoft’s market capitalization swelled by over $100 billion from the day about a year ago when the 34-year veteran of the software giant said he would resign as chief executive until Tuesday, when he stepped down from the board of directors. With Ballmer fading from the picture, maintaining the momentum is now firmly up to new boss Nadella.

from Photographers' Blog:

A touch of normality

Juba, South Sudan
By Andreea Campeanu

I first heard about kickboxing in Juba over a year ago, long before fighting broke out in South Sudan that has so far killed over 10,000 people.

The kickboxing team had members from different tribes as well as two South Sudanese girls and two Italian girls who were training with them. There were about 20 of them altogether.

from Breakingviews:

Evonik in $400 mln soccer deal it doesn’t need

By Olaf Storbeck

The author is a Reuters Breakingviews columnist. The opinions expressed are his own. 

Evonik’s 300 million euro ($400 million) tie-up with Bundesliga soccer team Borussia Dortmund (BVB) has little merits for the company’s shareholders. Germany’s third-largest chemical company hopes that the alliance with the club will turn its brand into a global household name. The snag is that Evonik doesn’t do any business with end users.

from Breakingviews:

Numbers show Germany will beat Brazil to World Cup

By Robert Cole and Peter Thal Larsen

The authors are Reuters Breakingviews columnists. The opinions expressed are their own.

Germany is on course to dash Brazil’s World Cup dream. The football-mad host nation has cruised into the knock-out stages of the global soccer jamboree, while rivals like Spain have gone home early. But Germany will see off Brazil in the semi-final, before going on to lift the trophy by defeating Argentina in the final.

from Data Dive:

FIFA sponsors get involved in Qatar bribery allegations

Earlier this month, the Sunday Times published allegations that a Qatari official bribed FIFA to choose Doha for the 2022 World Cup. Since, there’s been lots of back and forth on what happens now. Qatar has denied the allegations, but there are rumors that FIFA told the United States to be ready if the organization decides to move the event (which, for the record, FIFA has denied).

Last week, Reuters reported that one group that can’t easily be ignored has gotten involved. Some of FIFA’s biggest corporate sponsors began publicly calling on the organization to take a thorough look into the allegations. Such public concern from sponsors is rare, and indicates that FIFA has a lot of money to lose if it handles this the wrong way. Here’s what the financial picture looks like:

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