delta sign began appearing on Reebok's fitness collections. The brand announced it was phasing out the vector logo and replacing it with the delta sign, the company's second logo change in more than 120 years. The delta symbol is meant to symbolize three pillars of positive self-change—mental, physical and social—as Reebok increases its presence in the fitness industry with yoga, dance, aerobics and CrossFit. Following a successful re-release of many of its sneaker and apparel lines from the early/mid 1990s, in November 2019, Reebok announced that it was updating the 1992 vector logo along with the original "Reebok" script in Motter Tektura typeface and restoring both as the company's core brand identity, citing that consumers still identified with them rather than the red delta logo, although the delta would continue to be used on some fitness lines. Authentic Brands Group ownership In February 2021, Adidas announced plans to divest Reebok after analyzing options and expected a hit of about to operating profit from costs to sell or spin-off the business. In July 2021, Adidas shortlisted bidders for the brand, the finalist companies being Wolverine World Wide and Authentic Brands Group on a joint deal, private equity companies Advent International, CVC, Cerberus Capital, and Sycamore Partners, with a deadline for August 2021. On August 12, 2021, it was announced that Authentic Brands Group would be acquiring the Reebok brand from Adidas for at least $2.5 billion. On March 1, 2022, the acquisition was finalized. Logo evolution Offices Reebok's global headquarters are located in Boston, Massachusetts, in the Seaport District. In EMEA countries, Authentic Brands Group is working with Bounty Apparel in South Africa, Al Boom Marine in the Middle East and North Africa, and Flo Magazacilik in Turkey to grow the business. Products Reebok designs, manufactures, distributes and sells fitness, running and CrossFit sportswear including clothing and accessories. The company has released numerous notable styles of footwear including the 1982 introduction of the Reebok Freestyle that was manufactured and marketed for women. In 1984, the shoe accounted for more than half of Reebok's sales, and the company subsequently released similar styles including the Princess, Empress and Dutchess lines. Following the aerobics trend from the 1980s to early 1990s, Reebok also released workout programs called Reebok Step beginning in 1989. The brand also introduced one of their signature shoes, the Reebok Pump. The footwear collection was released as a men's basketball shoe