Find in the news:
BY COUNTRY

Adidas Will Pay a Month's Rent After the Apology



Faced with an extremely adverse reaction, Adidas apologized and said it would still pay rent for April.
Adidas store

Earlier, we wrote that several large retailers, including the famous sportswear manufacturer Adidas, have announced the decision to refuse to pay rent for closed stores during the quarantine period in Germany. Only small private landlords could count on receiving money. It was stated that due to the inability to do business properly around the world, even such a large company is not able to withstand such loads.

This statement caused an extremely adverse reaction from the German government and ordinary citizens, including in other countries. Social networks were filled with criticism of such a position. Thus, a well-known politician and Vice-President of the European Parliament Katharina Barley said that she would now boycott Adidas products - a situation that many consumers have supported.

All this forced the manufacturer to reconsider its decision. The company called it "a mistake that lost credibility" and said it would pay the rent for April and would do everything to correct the situation.

The company is now in the process of reviewing its plans and streamlining its internal processes to minimize losses. Layoffs may follow - Germany has a government scheme that allows companies to lay off employees while the government covers part of their wages. The salaries of top managers will also be reviewed, and the buyback of shares will be stopped. However, Adidas warns that despite all these measures, additional loans may still be required to mitigate the crisis.

More about shopping malls in Germany

YESTERDAY, France:
French chain of department stores Galeries Lafayette has announced a new service for customers during the closing of stores.
YESTERDAY, USA:
The chain of coffee shops adapts to the realities of the post-quarantine world and focuses on drive-thrus, self-service, and delivery.
DAY BEFORE YESTERDAY, Italy:
Due to the sharp decline in interest in fashion in the midst of the pandemic, the company is abandoning the traditional calendar of shows and moving to an off-season schedule.
DAY BEFORE YESTERDAY, Germany:
The masks to protect against coronavirus are called Face Covers and are made from recycled materials.
May 25, 2020, United Kingdom:
Due to the coronavirus pandemic, more and more customers are adopting the habits of the younger generation and do not want to constantly change their wardrobe.
May 25, 2020, Slovenia:
SES Spar European Shopping Centers opened ALEJA Center in Ljubljana on Wednesday, 20 May 2020.
Friend
and Follow
Cabot Circus GLA:990 280 SF
ADDRESS: Glass House, Bristol BS1 3BX
United Kingdom . Bristol
Cabot Circus
Designer Outlet Provence GLA:269 098 SF
ADDRESS: Mas de la Peronne, Miramas, France
France . Miramas
Designer Outlet Provence
212 Istanbul Power Outlet GLA:753 474 SF
ADDRESS: Mahmutbey Merkez Mah. Taşocağı Cad. No:5 Bağcılar  /  İstanbul
Turkey . Istanbul
212 Istanbul Power Outlet
Forum Istanbul GLA:1 883 684 SF
ADDRESS: Kocatepe Mahallesi, Pasa Caddesi 34045 Bayrampasa
Turkey . Istanbul
Forum Istanbul


Edit text

Dear visitor!
If You wish to add appropriate information to this description, please make changes in the text below and they will take effect after being verified by Malls.com administrator.

SAVE CHANGES
ADD PHOTO

Dear visitor!
If you desire to add more photos to this description, please upload them and they will appear on the page after being verified by Malls.com administrator.

CHOOSE PHOTOS
SAVE CHANGES
Sign in Malls.com
Sign in please, if you already have an account

Registration



Error filling
Error filling
Error filling
Error filling
Thank you!
You will receive e-mail with registration data shortly. In email you'll find link, confirm your account by clicking on it, please.

Malls.com Team
Thank you for message!
In the near future you will be contacted the manager
for further details.

Malls.com Team
Good mall, bro!
In the near future you will be contacted the manager
for further details.

Malls.com Team
We are dissatisfied with you :-(
In the near future you will be contacted the manager
for further details.

Malls.com Team

Write to us