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Lestate already sells clothing and shoes from Nike (NKE.N), opens new tab in Russia, Kommersant reported. There was no suggestion that Adidas, Reebok or Nike were facilitating Lestate's sale of ...
The decision to exit the Russian market has undoubtedly had a negative impact on Adidas' financial performance. However, experts suggest that demand for the brand's clothing and footwear remains ...
Adidas added, saying these expenses were largely due to the company's decision to initiate the wind-down of its Russian business. Adidas's third-quarter sales increased 11% to 6.4 billion euros ...
Citing the head of the marketing department at Lestate, the distributor, Kommersant reported that the company will develop a network of mono-brand stores with goods from Adidas and Reebok. Lestate ...
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