Failure to adapt to changing consumer preferences: One of the main reasons for Reebok's decline was its inability to keep up with changing consumer preferences. Consumers began to prefer more fashionable and lifestyle-oriented sneakers, while Reebok continued to focus on sports performance footwear.

Reese Witherspoon, Joe Jonas, Sydney Sweeney, Gigi Hadid, Sofia Richie, Emily Ratajkowski, Katie Holmes, Kate Bosworth and The Bachelorette alum Kaitlyn Bristowe have all been spotted wearing these iconic sneakers. And, as you can see from the photos, they really do go with everything.

It was bought by German sporting goods company Adidas in 2005, then sold to the United States-based Authentic Brands Group in 2021. The company's global headquarters are located in Boston, Massachusetts, in the Seaport District.

History of Reebok He named the original company J.W Foster. Later, his two sons became actively involved in the family business, prompting them to change the company name to J.W Foster & Sons. Between 1905 and 1906, Foster experimented with different shoe designs.