Report: Adidas struggling to sell TaylorMade

Adidas remains unsuccessful in its attempts to find a buyer for TaylorMade, and the clock on a potential sale may soon run out.

Adidas announced in May that it was "actively seeking" to sell its golf brands, led by TaylorMade and also including Ashworth and Adams. According to a New York Post report, the company still hasn't found a suitor for TaylorMade and now faces mounting losses and increased competition.

Adidas reportedly pinned a $500 million price tag on the TaylorMade sale last year, but it now may need to take considerably less given the "threat" posed by Callaway's receently-launched Epic driver and the fact that the three Adidas golf brands are losing $75-100 million per year…