• Adidas Is Now Closing Stores in North America and Europe Amid Coronavirus Concerns

Adidas Is Now Closing Stores in North America and Europe Amid Coronavirus Concerns

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€162.00

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396926
4071027
4181128
Details
As the coronavirus continues to affect American businesses, Adidas and Reebok stores will remain open in the U.S.The news comes after Nike announced plans to shutter stores yesterday, followed by resale marketplaces including StockX, Flight Club, Stadium Goods, and GOAT closing their retail storefronts. While these companies have taken a proactive approach to the spread of the virus, Adidas seems to be taking a different stance towards the matter."We have to keep the company going and open for business to ensure that we can pay our monthly bills and salaries to everyone,\u201d Adidas CEO Kasper Rorsted wrote in an email to employees obtained by Yahoo Finance.\u201cClosing down is easy, staying open in a healthy environment requires courage, persistence and focus," Rorsted wrote. "For all coronavirus-related decisions we will\u2014as a general principle\u2014follow local regulations as different regions/countries/markets are impacted at a different level at any point in time. In all regions and countries where legislation allows, we expect the leadership teams to be working from our offices on a daily basis... Where work is conducted from home, we ask for your utmost focus and dedication to do your job as good as possible every day."Reebok, ...
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