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Adidas warns of $1bn coronavirus sales hit in China
2020-03-11 11:20:00| Daily apparel & textile news and comment - from just-style.com
German sportswear giant Adidas is expecting sales to drop by up to EUR1bn (US$1.13bn) in Greater China in the first quarter, due to coronavirus, with a negative impact also now being felt in Japan and South Korea.
Adidas China sales tumble 85% due to coronavirus
2020-02-20 14:50:00| Daily apparel & textile news and comment - from just-style.com
Sportswear firm Adidas says its sales in Greater China have slumped 85% since Chinese New Year amid the coronavirus outbreak, with a significant number of stores closed and a reduction in footfall at its locations that do remain open.
Adidas tops sustainable cotton sourcing ranking
2020-02-19 13:13:00| Daily apparel & textile news and comment - from just-style.com
German sportswear giant Adidas has topped the 2020 Sustainable Cotton Ranking, with H&M taking the third spot in the assessment of companies that use a significant amount of cotton.
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