Adidas not yet closing U.S. stores amid coronavirus: ‘Closing is easy, staying open requires courage’

  • 📰 YahooSG
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 71%

Singapore Headlines News

Singapore Latest News,Singapore Headlines

“Closing down is easy, staying open in a healthy environment requires courage, persistence and focus,' Adidas CEO wrote in an email to employees. YahooFinance

In the past few days, a long list of retail chains have closed their U.S. store locations out of precaution amid the rapid spread of coronavirus.

“We have to keep the company going and open for business to ensure that we can pay our monthly bills and salaries to everyone,” Rorsted wrote. “Closing down is easy, staying open in a healthy environment requires courage, persistence and focus." One Twitter user predicted, “Legitimately going to keep checking my watch to see how quickly this decision will be reversed.”— sockjig March 16, 2020 A handful of Adidas retail employees, speaking on condition of anonymity, told Yahoo Finance they are not pleased with the email, especially considering that Adidas’s sports apparel peers Nike and Under Armour already shut down all U.S. stores and will continue to pay retail employees while stores are closed.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in SG

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Nordstrom to close stores in US, Canada, withdraws 2020 outlook due to coronavirusREUTERS: Apparel retailer Nordstrom Inc on Monday withdrew its fiscal 2020 forecast and said it would close stores in the United States and ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Nike to close all stores in US and several other countriesNike Inc is closing all of its stores in the United States and several other countries in a move to curb the spread of coronavirus, CNBC reported ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Nike to close all stores in US, several other countries - CNBCNike Inc is closing all of its stores in the United States and several other countries in a move to curb the spread of coronavirus, CNBC reported ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Nike to Close All US Stores Temporarily as Coronavirus Concerns Ramp UpThe athletic giant joins a growing list of brands, including Allbirds and Patagonia, that have announced closures.
Source: YahooSG - 🏆 3. / 71 Read more »

Drivers turned back as Germany partially closes borders to fight coronavirusTraffic slowed to a crawl at a key crossing on the Bavarian-Austrian border on Monday, as Germany introduced new controls to combat the spread of ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Russia ramps up coronavirus controls, bans public events and closes schoolsMOSCOW: Russia on Monday stepped up efforts to curb the spread of coronavirus by banning major sporting events across the country and by shutting ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »