Add to favorite
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS

Adidas Will Close About 200 Stores In Russia
13.03.2015 07:57
Adidas Will Close About 200 Stores In Russia

The German Adidas will close about 200 stores in Russia this year, according to TASS referring to the Head of the Company’s Division of Media Relations Nikolai Petrosyan. “Adidas really plans to close about 200 stores, but at the same time the company plans to open about 100 new stores in the Russian Federation” - he said. The company representative explained that the activity will be terminated in the retail outlets that “did not meet objectives of revenue and visitors traffic”.

      As the statements of Adidas said, the German industrial group plans to close a total of 290 stores worldwide in 2015. The company explains the reduction of retail outlets in Russia by the rouble devaluation (Adidas estimates its losses at $ 550 million).


Author: Anna Dorozhkina

Tags: Adidas economic crisis    

Next Previous

You might also find interesting:

Comment on our site

RSS   twitter      submit

Spacecrafts  Mercedes-Benz Fashion Week Russia  Russian events  Russian priests  Mikhail Prokhorov  Moscow International House of Music  Russian science  Russian scientists  Parliament in Action  Transportation  US-Russia   Sochi Games   Russian aviation  World Music  Russian finance  entertainment  Karachev  The Museum of Everything  Russian exhibitions  VTB  Russian Cinema  Russian Museums   the Crimea  Konigsberg  Yakutia  Russian Stove  Exhibitions in Moscow  Moscow parks  AtmaSphere 360  University Rating  Krymsk flood  Anton Nosik  St. Petersburg  Bioreactor  Feodor Bobrykin  Recipes  Architecture  Moscow  Russian business  Russian banks  Chebarkul Lake  St.Petersburg  Russian tourism  Russia international  Arkhangelsk  Domodedovo  Russian economy  Diaghilev. P.S. Festival  Museums of Russia  Samara 

Travel Blogs
Top Traveling Sites