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Adidas warns of $1bn coronavirus sales hit in China

2020-03-11 11:20:00| Daily apparel & textile news and comment - from just-style.com

German sportswear giant Adidas is expecting sales to drop by up to EUR1bn (US$1.13bn) in Greater China in the first quarter, due to coronavirus, with a negative impact also now being felt in Japan and South Korea.

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Category:Consumer Goods and Services

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