HERZOGENAURACH, Germany—Adidas says it’s putting the CCM Hockey brand up for sale. The German sports equipment and apparel giant made the announcement Wednesday as it reported its fourth-quarter and year-end results for 2016. The company reported a 14.3-per-cent decline in net sales for CCM Hockey last year compared to 2015, and a bigger drop of 21.6 per cent in the fourth quarter compared to the same period a year earlier. Now headquartered in Montreal, CCM Hockey can trace its roots to its founding in September 1899 in Weston, Ont., as Canada Cycle & Motor Co. Ltd.A veritable who’s who of the NHL have geared up with CCM Hockey equipment, including Darryl Sittler, Mark Messier and Sidney Crosby.
Source: thestar March 08, 2017 18:17 UTC