Sumitomo Rubber to Consolidate Global Sports Business

Sumitomo Rubber Industries Ltd. (TYO:5110) has announced that effective Jan. 1, 2018, it will consolidate the Sumitomo Rubber Group’s sports business by merging Dunlop Sports Co. Ltd. (TYO:7825), a sports business subsidiary, and Dunlop International Co. Ltd., the Group’s overseas Dunlop-brand sporting goods and licensing company. By consolidating its sports business, Sumitomo Rubber is looking to leverage the company’s management…

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