Global athletic footwear and apparel company founded in 1958. Acquired by Adidas in 2005, who sold it to Authentic Brands Group in 2021.
| Authentic Brands Group LLC
owns 100% of Reebok
| BlackRock Inc
owns 30% of Authentic Brands Group LLC
This company appeared sixth on RepRisk's top ten "most environmentally and socially controversial companies of 2012". Companies on the list were severely criticised during 2012 by the world's media, governments and NGOs. Criticisms of Reebok include workers rights abuse in Asia, a fraud scandal in India, tax evasion, and river pollution in China. [Listed under Information due to age of report]
Source: RepRisk (2013)
In 2011 Reebok's EasyTone line was caught out for false advertising and fined US$25 million by the Federal Trade Commission in the USA. Reebok claimed that the "sole technology featuring pockets of moving air creates 'micro instability' that tones and strengthens muscles as you walk or run".
Source: news article (2011)
This 2011 investigative report into the Ocean Sky Apparel Factory in El Salvador reveals how workers are: paid well below living wage, illegally forced to work overtime, given unsafe drinking water, fired for attempting to unionise, and cursed at and humiliated. Their customers include Reebok, Puma, Columbia and GAP. (Listed under information due to age of report)
Source: Institute for Global Labour & Human Rights (2011)
|Authentic Brands Group LLC|
The Chinese government has facilitated the mass transfer of Uyghur and other ethnic minority citizens from the far west region of Xinjiang to factories across the country. Under conditions that strongly suggest forced labour, Uyghurs are working in factories that are in the supply chains of at least 83 well-known global brands in the technology, clothing and automotive sectors, including brands owned by this company.
Source: ITUC (2020)
In 2019 US private equity giant BlackRock bought roughly a 30% stake in this company. BlackRock has several criticisms and an overall Shop Ethical rating of 'F'.
Source: Shop Ethical (2019)
|Address||Canton, Massachusetts, USA|