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Store closures on the cards for adidas: CEO

11/04/2018
Store closures on the cards for adidas: CEO

The CEO of sportswear manufacturer adidas, Kasper Rorsted, has said the company will close down stores over the next few years as it shifts its focus towards online sales. In an interview with the Financial Times, Mr Rorsted said the number of adidas stores will fall slightly over the next year. “Over time, we will have fewer stores, but they...

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