German sportswear makers Adidas and Puma both said on Wednesday that the coronavirus outbreak was hurting their business in China due to store closures and fewer Chinese tourists travelling and shopping in other markets.

Puma, Adidas fear impacts of COVID-19 on China business

The European Union's second highest court ruled on Wednesday that Adidas's three-stripe branding was invalid as a trademark as it lacked a distinctive character.

EU court declares Adidas three-stripe trademark invalid

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Puma, Adidas fear impacts of COVID-19 on China business

EU court declares Adidas three-stripe trademark invalid