Adding to gross sales pressures, numerous manufacturers have also halted operations in Russia altogether in protest or due to the newly-difficult operating environment. Chinese manufacturers had been sending extra items to Europe by rail throughout Russia. Siu has held a number of roles with Adidas in Hong Kong and Shanghai and also served because the chief govt of the Chinese fashion label Cosmo Lady. Thomas will assume the function of senior vice chairman, global franchise, Adidas added. The firm has appointed Adrian Siu to take over from Jason Thomas, who grew to become Adidas Greater China’s managing director in 2019, it said.
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