Adidas is looking for a buyer for 100 stores in Russia
04.08.2023 4282

Adidas is looking for a buyer for 100 stores in Russia

According to Adidas AG CEO Bjorn Gulden, the company has 100 stores left to sell in Russia. Negotiations are underway with applicants for the purchase, writes Reuter.

"We have about 100 stores that are not open, and of course they were put up for sale," Reuter quoted Gulden as saying in a telephone conversation with reporters.

“They can be sold to individuals or subleased. There is no timeline for this, but we are currently paying rent, so the sooner this happens, the better,” Gulden said.

 

 

 

According to Adidas AG CEO Bjorn Gulden, the company has 100 stores left to sell in Russia. Negotiations are underway with applicants for the purchase, - writes ...
5
1
Rating

Latest News

Garden and vegetable garden footwear released in collaboration with Salomon and Uchi Ryunosuke

Salomon collaborated with Tokyo-based designer Uchida "Uchi" Ryunosuke to create the perfect footwear for the garden. Uchi reimagined the Salomon RX Slide recovery shoe, creating a new design inspired by meditative…
10.06.2026 757

The PETER KAISER collection will include men's shoes.

German brand PETER KAISER will debut a line of premium men's footwear for the Spring/Summer 2027 season. A private preview of the men's collection took place at the HOUSE OF CAPRICE headquarters in Germany, attended by the brand's partners from around the world. Men's and…
09.06.2026 453

Christian Louboutin's first advertising campaign featuring Jaden Smith has been released.

What happens when you marry the Old and New Worlds, Paris and New York, classics and hip-hop, tradition and modernity, is well illustrated by the first advertising campaign of the French luxury brand Christian Louboutin with the American rap artist Jaden...
09.06.2026 412

Expo Riva Schuh & Gardabags reflects the transformation trends of the global footwear market

The 105th Expo Riva Schuh & Gardabags exhibition will take place from June 13 to 16 in Riva del Garda, Italy. The exhibition's organizers are documenting changes in the global structure of footwear production and trade, which can be traced to…
09.06.2026 452

Saucony and Engineered Garments have released a new hybrid shoe collaboration.

Two American brands, Saucony and Engineered Garments, have unveiled a new hybrid model, combining the silhouette of the Saucony Shadow Original sneaker with the design of classic…
08.06.2026 783
When you sign up, you will receive weekly news and articles about the shoe business on your e-mail.

To the beginning