By Reuters
German sportswear company Adidas on Wednesday said it was closing a “considerable” number of its shops in China, where the fast-spreading coronavirus has killed nearly 500 people and infected thousands.
Pedestrians walk past an Adidas store on Oxford Street in London, Britain January 18, 2020. (REUTERS/Simon Dawson)
“We can confirm that we are currently experiencing a negative impact on our business in China. However, it is too early to assess the extent of this impact at the moment,” a spokeswoman said.