Friday, May 3, 2024
News, Economy, Forex, Forum


Adidas suspends partnership with Russian football union

German sportswear company Adidas (DE:ADSGN) has suspended its partnership with the Russian Football Union (RFS) with immediate effect, a company…

By financial2020myday , in Stock Markets , at March 1, 2022

German sportswear company Adidas (DE:ADSGN) has suspended its partnership with the Russian Football Union (RFS) with immediate effect, a company spokesperson said on Tuesday.

The spokesperson did not give additional details.

The decision is in line with a series of those made by sports bodies to cut ties to Russian-affiliated bodies or companies following the war in Ukraine.

Comments


Leave a Reply


Your email address will not be published. Required fields are marked *