Coronavirus slams Adidas, Puma sales in China

Frankfurt Am Main (AFP) Feb 19, 2020

German sportswear makers Adidas and Puma said Wednesday store closures in China because of the novel coronavirus outbreak had caused sales to plummet in recent weeks. "Our business activity in Greater China has been around 85 percent below the prior year level since Chinese New Year on January 25," Adidas said in a statement. Competitor Puma said "business in China is heavily impacted du