Adidas is temporarily shuttering all stores in the U.S., Canada, and Europe, according to Business Insider. The closures came one day after a leaked internal memo saw CEO Kasper Rorsted assuring employees stores would stay open.
As reported, Rorsted wrote, “We have to keep the company going and open for business to ensure that we can pay our monthly bills and salaries to everyone. Closing down is easy, staying open in a healthy environment requires courage, persistence and focus.”
An Adidas spokesperson told Business Insider the closures will be effective immediately in the U.S. and Canada and will continue through March 29. The temporary shuttering will not include Adidas’ corporate offices where Rorsted wrote in his email that “we expect the leadership teams to be working from our offices on a daily basis.
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