Adidas closes 'considerable' number of stores in China due to coronavirus
FILE PHOTO: Pedestrians walk past an Adidas store on Oxford Street in London, Britain January 18, 2020. REUTERS/Simon Dawson
BERLIN - German sportswear company Adidas on Wednesday said it was closing a “considerable” number of its shops in China, where the fast-spreading coronavirus has killed nearly 500 people and infected thousands. “We can confirm that we are currently experiencing a negative impact on our business in China. However, it is too early to assess the extent of this impact at the moment,” a spokeswoman said.
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