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Adidas to put ice hockey equipment business up for sale-report (Reuters)

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The Adidas logo is pictured in a pop-up store in Berlin in this December 2, 2014 file photo. REUTERS/Hannibal …

BERLIN (Reuters) - German sportswear company Adidas is preparing to sell its ice hockey equipment business as part of a broader drive to simplify its business, the New York Post reported.

Citing an unnamed source close to the situation, the newspaper said Adidas could put Reebok-CCM up for sale early next year. Adidas declined to comment.

Reebok bought CCM in 2004 and was then itself bought by Adidas in 2006. Reebok-CCM sales rose 4 percent in 2014 to 269 million euros ($286 million).