The company, which had a staff of about 900 in its San Francisco headquarters, made the announcement in a letter to employees from new CEO Maju Kuruvilla.
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Authentic Brand Group (ABG) announced that Al Boom Marine (ABM), a company under the portfolio of Scope Investment, will become the operating partner for Reebok in the GCC, the Middle East, including Iraq and Lebanon, and North Africa, which includes Algeria, Egypt and Morocco.