Adidas CEO calls for People’s Vote on Brexit

March 22, 2019 0 By HearthstoneYarns

The CEO of Adidas, Kasper Rorsted, has voiced his concern about the
damaging impact of Brexit on the European economy, and has urged British
lawmakers to call for a second referendum.

“Europe is about 30 percent of our business. We’re getting most or
entirely all of our growth outside Europe,” Rorsted said in an interview
with CNBC on Tuesday. “[Our] biggest concern is really the European impact
of a potential Brexit because it’s very often discussed as an isolated
event, but it will have an overall impact on the European economy.”

Last week, , saying that a no-deal Brexit should be “avoided at all
costs”.

The official deadline for the UK’s divorce from the EU is 29 March,
2019.

Photo credit: Adidas, Facebook