The statement, which was reported in China Daily, comes following reports that Adidas would be facing legal action from several Chinese suppliers. In August, the company announced plans to close a factory in Suzhou, China and terminate contracts with five suppliers, prompting those suppliers to threaten legal action over lack of compensation provided.
The manufacturer is now looking to defend its actions and move on from the bad press that followed the allegations.
“China has been, and will remain, a key sourcing market for the Adidas Group,” the company said in an email statement.
“It is true that we are rationalising our sourcing structure and this has resulted in the termination of contracts with 10 suppliers. Nevertheless, Adidas has fulfilled all of its contractual obligations with the suppliers to the satisfaction of all parties and will continue to partner with more than 300 supplier factories in China.”
The company said earlier that it plans to open 500 to 600 stores in lower-tier cities by the end of the year mainly in the western and northwestern parts of China.
