- EU chief announces 35 bn euro loan plan for Ukraine before winter
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- India in box seat after Bumrah takes four against Bangladesh
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- France poised to finally get new govt
- Kompany, Alonso call for action on player workload amid strike talks
- Liverpool goalkeeper Alisson doubtful for Bournemouth clash
- Bumrah takes four as India bowl out Bangladesh for 149
- Sri Lanka 134-1 to take upper hand in first New Zealand Test
- Bayern's Kompany calls for game cap for players amid strike talks
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- Bumrah takes three wickets to have Bangladesh in trouble at 112-8
- Kimchi threat as heatwave drives up South Korea cabbage prices
- UK economic data delivers fresh blow to new govt
- China to 'gradually resume' seafood imports from Japan after Fukushima ban
- India minister blames dam release for flooding
- O'Rourke strikes early for Kiwis as Sri Lanka trail by three
- Deep takes two as Bangladesh totter in reply to India's 376
- Israel pounds Lebanon's Hezbollah after device blasts
- Revolution or mirage? Controversy surrounds new Alzheimer's drugs
- Ashwin's 113 powers India to 376 in Bangladesh Test
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- Wallabies sense 'massive' chance to upset All Blacks
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- Guirassy and Anton to return to Stuttgart with new side Dortmund
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Adidas latest to close Russia stores following invasion
German sportswear group Adidas is temporarily closing its stores in Russia and shut its online shop, joining a growing list of companies suspending their activities following the invasion of Ukraine.
Adidas said in a statement late Monday that it would "suspend the operations of our stores and our e-commerce site in Russia until further notice" but continue to pay its employees.
The outfitter previously suspended its partnership, going back to 2008, with the Russian Football Union following the invasion.
Adidas has around 500 locations in Russia and other former Soviet republics out of a total of 2,168 worldwide, employing around 7,000 people in the region, a spokesman for the company told AFP on Tuesday.
At the end of 2020, sales in the market made up 2.9 percent of Adidas's total revenues.
The sporting goods company, based in Herzogenaurach in Bavaria, has a long history in Russia, where it has supplied teams since the 1960s, founding a local subsidiary in 1992 after the end of the Soviet Union.
The company joins rivals such as Nike and Bavarian neighbour Puma in closing its stores in Russia, as well as an increasing number of companies in other sectors, including German carmakers Volkswagen, BMW and Mercedes-Benz.
Adidas will publish its year end results on Wednesday.
P.Anderson--BTB