Adidas to sell Russian business

By Vlad Vorotnikov 2023-05-16T08:14:00

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Adidas mulls selling its Russian business to another foreign investor or passing it to local management, Russian newspaper Kommersant reported, citing sources on the local market. One of the sources claimed that the eventual target is to relaunch the 100 most profitable stores, which have stood idle since October 2022.

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