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    Adidas: The Epidemic Dragged Down Greater China Business By About 85%.

    2020/2/20 11:01:00 194

    Adidas

    Adidas, a sporting goods producer in Germany, said that since the Spring Festival of January 25th, the Greater China business has fallen by about 85% a year, because the outbreak of new coronavirus has led to the closure of a large number of stores and the decline in the number of outlets that continue to operate.
    The group noted that the volume of passenger traffic has declined, mainly in Japan and South Korea, and the business outside of Greater China has not yet been seriously affected.
    The group said that it is still unable to quantify the extent of business impact this year.

    Source: Cai Hua net FinetHK

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