AZADEA Group acquires adidas and Reebok operations and franchise in Lebanon Bringing Back Optimism to the Lebanese Fashion and Sports Retail Industry

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AZADEA Group, a premier lifestyle retail company in the MENA region,

announced today that it has acquired the operations and franchise rights of adidas and Reebok in

Lebanon; a transformational partnership bringing back the renowned international sports brands to the

Lebanese market and consumers. AZADEA Group will gradually reopen adidas and Reebok stores

across Lebanon, starting April 2021, in addition to e-commerce expansion plans.

“We are looking forward to diving into another successful partnership and growing further, riding the

wave of change and developing e-commerce plans, while still offering customers the most exquisite in-

store experience” said Salim Fakhoury, President of Fashion and Sports Division at AZADEA Group.

“We are thrilled to partner with adidas and Reebok, now more than ever as we never lost faith in

Lebanon; we strongly believe in its future and in its possibilities to thrive again”

“We are very happy and excited to bring back our adidas and Reebok products for the consumers in

Lebanon in partnership with AZADEA Group, as both brands have a strong presence and continue to

be in high demand. By collaborating with the leading retail company, AZADEA Group, we are confident

that we will continue inspiring our consumers through the power of sport,” said Darren Cooke, General

Manager of adidas Group, LENA.

AZADEA Group continues to grow and expand its borders, with this new new partnership with adidas Group,

proudly adding a leading international sports brand to its portfolio.

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