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Nike, Adidas say coronavirus will hurt business in China - Endurance Sportswire
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Nike, Adidas say coronavirus will hurt business in China

February 5, 2020

Nike Inc. closed about half of its company-owned stores in China as a result of the coronavirus outbreak, which it expects to have a material impact on operations in the country. Rival brand Adidas AG followed suit Wednesday, saying it has closed a significant number of stores in China and franchisees are doing likewise. Read more on Bloomberg.


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