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Adidas to close Speedfactories, transfer technologies to Asian suppliers

Adidas has announced it will close its two state-of-the-art ‘Speedfactories’ and will be transferring the technologies to two of its suppliers in Asia at the end of this year. The German sportswear giant said it plans to close the high-tech "robot" factories in Ansbach, Germany, and Atlanta, USA by April 2020, in a move that it expects will...

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