Virus: Adidas and Puma warn over sales drop in China

German sportswear makers Adidas and Puma have warned the coronavirus outbreak is hurting business in China due to store closures and fewer Chinese tourists travelling and shopping in other markets.
Virus: Adidas and Puma warn over sales drop in China
Wed, 19 Feb, 2020 - 21:18
Emma Thomasson

Major sportswear brands such as Adidas have seen both production and sales impacted by the coronavirus outbreak. Picture: Yui Mok
Major sportswear brands such as Adidas have seen both production and sales impacted by the coronavirus outbreak. Picture: Yui Mok

German sportswear makers Adidas and Puma have warned the coronavirus outbreak is hurting business in China due to store closures and fewer Chinese tourists travelling and shopping in other markets.

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CoronavirusPlace: ChinaPlace: AsiaPlace: JapanPlace: South KoreaPerson: Bjorn GuldenPerson: GuldenEvent: Chinese New YearEvent: New YearOrganisation: AdidasOrganisation: PumaOrganisation: Reuters
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