Adidas Suspends Sales in Russia
Adidas closes its Russian stores in protest of the Russian War on Ukraine but continues to pay its employees there.
Key Points:
- Sportswear company Adidas AG is closing its stores in Russia and is suspending all online shopping of Adidas in Russia in protest of the Russian invasion of Ukraine.
- Adidas’s CEO said that they don’t have plans about reopening stores just yet but they will continue to pay its employees there.
- In addition to halting the sales in Russia, Adidas suspended its partnership with the Russian Football Union.
- “As a company, we strongly condemn any form of violence and stand in solidarity with those calling for peace,” an Adidas spokeswoman said on Tuesday.
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