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Fila expects Adidas-Reebok spat to boost its India biz

Adidas had indicated in May it would cut the number of Reebok stores in India by one-third

Italian sportswear brand Fila expects the decision by German competitor Adidas  to reduce the number of its Reebok stores in India will significantly benefit its business as it looks to expand in the country. Adidas, which bought US rival Reebok in 2005 for $3.8 billion, has accused top former executives of Reebok India of fraud that led to the company losing Rs 870. Adidas had indicated in May it would cut the number of Reebok stores in India by one-third. Last month, Adidas said it expects a fresh start for Reebok India in 2013. "We definitely expect our business to ...