Adidas has closed many stores in Germany, including the one above in Hamburg, amid falling sales due to the coronavirus outbreak. Photo: Reuters Adidas has closed many stores in Germany, including the one above in Hamburg, amid falling sales due to the coronavirus outbreak. Photo: Reuters
Adidas has closed many stores in Germany, including the one above in Hamburg, amid falling sales due to the coronavirus outbreak. Photo: Reuters

Coronavirus: Adidas, H&M move to stop paying rent irks German finance minister

  • Finance Minister Olaf Scholz urges leading companies to refrain from taking rash action that could hurt property owners
  • The retailers’ move comes after the German government unveiled a major rescue package to protect companies and jobs from the economic impact of the pandemic

Topic |   Coronavirus pandemic
Adidas has closed many stores in Germany, including the one above in Hamburg, amid falling sales due to the coronavirus outbreak. Photo: Reuters Adidas has closed many stores in Germany, including the one above in Hamburg, amid falling sales due to the coronavirus outbreak. Photo: Reuters
Adidas has closed many stores in Germany, including the one above in Hamburg, amid falling sales due to the coronavirus outbreak. Photo: Reuters
READ FULL ARTICLE