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Adidas earns sh*tstorm in Germany, publically apologizes


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Sportswear manufacturer Adidas has earned a sh*tstorm in its home country Germany after announcing that they will suspend rent payments for all of their European stores due to the Coronavirus outbreak. An investigative report by a German newsoutlet Tagesspiegel found that Adidas accumulated cash reserves of over 2 Billion Euros in 2019 alone, which would be enough to pay rent for all of their stores for more than a year, which erupted in a social media sh*tstorm.

German secretary of employment Hubertus Heil joined the sh*tstorm and accused Adidas on national television of trying to abuse Germany's new emergency laws, which allows non-liquid businesses to temporarily suspend rent payments, for their own monetary profit, which could cause a chain reaction of all big retailers in Germany and seriously destabalize the economy.

Adidas has apologized ever since and announced they would continue to pay rent for the month of April, however several public figures have announced they will boycott Adidas sportswear in the future.

https://www.merkur.de/wirtschaft/adidas-coronavirus-mieten-milliarden-hm-deichmann-hilfen-deutschland-reaktion-hart-aber-fair-zr-13632599.html

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Delusional

Jesus f*cking christ 

so a cash reserve is basically like a massive bank account right? I can’t imagine those kinds of numbers in one single account :rip:

‼️‼️‼️‼️‼️BANNED TILL SEPTEMBER‼️‼️‼️‼️‼️‼️‼️
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GaGaAst
1 minute ago, DeIusional said:

Jesus f*cking christ 

so a cash reserve is basically like a massive bank account right? I can’t imagine those kinds of numbers in one single account :rip:

not just bank accounts but also includes investment that can be divested immediately without any restriction. And it includes these bank balance and investments through the world. so technically not in one single account 

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Creyk

Their products are overpriced anyway. Time for the Fenty-approved Puma to rise! :tony:

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Horny Chicken
4 minutes ago, GaGaAst said:

but corporations aren't evil :stalkga:

And Harry Potter was secretly bi. :stalkga:

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Chromatislaps
2 minutes ago, JK Rowling said:

And Harry Potter was secretly bi. :stalkga:

JKRowling_Shot_D_029_V3_lower-768x435.th

sure Joanne

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GaGaAst
1 minute ago, JK Rowling said:

And Harry Potter was secretly bi. :stalkga:

And I am straight af :stalkga:

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TheBannedShadow
4 minutes ago, Creyk said:

Their products are overpriced anyway. Time for the Fenty-approved Puma to rise! :tony:

YAAAASS!

sidenote: Are u familiar with the PUMA/ADIDDAS history? :awesome:

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DeanWinchester
1 hour ago, JK Rowling said:

And Harry Potter was secretly bi. :stalkga:

Wbk engorgio was used for something else

Flyin' like a 1000 Doves
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AsleepOnTheCeiling
1 hour ago, DeanWinchester said:

Wbk engorgio was used for something else

I just KNOW that J.K. Rowling slyly addressed this idea somehow in one of her writings :ladyhaha:

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