Adidas seeks buyer for golf businesses to focus on shoes, clothing

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German sportswear company Adidas aims to sell the bulk of its loss-making golf business to focus on shoes and clothing, it said after the core Adidas brand reported strong quarterly sales, particularly in the United States. Adidas, which launched a review of its golf business last August, said on Wednesday that it would focus on selling golf shoes and clothing under the Adidas label and seek to sell TaylorMade and Adams, which sell golf clubs and other equipment, as well as the Ashworth golf shoes and clothing brand.

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