Adidas Halts Operations in Russia: Sales Figures Since 2016
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Adidas has temporarily suspended its operations in Russia, including online sales. This decision was made in response to the Russian invasion of Ukraine.
In 2020, Adidas recorded sales of €584 million in Russia. This accounted for 3% of Adidas' total global sales.
Sales in 2020 were down 11.2% from €658 million in 2019. In previous years, Adidas recorded sales of €595 million in 2018 and €660 million in 2017.
Adidas is one of many companies suspending operations in Russia, including Apple, Google, H&M, and Netflix.
Previously, Adidas also terminated its contract with the Russian national football team. Adidas had supplied Russia's football kits since 2009.
"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."
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