Stock Markets March 4, 2026

Adidas franchise store in Israel struck in attack; company reports no injuries

Executives say regional operations disrupted as staff shelter and some outlets close amid the unfolding war in Iran

By Sofia Navarro
Adidas franchise store in Israel struck in attack; company reports no injuries

Adidas confirmed that a franchise store in Israel was hit by an attack but that the location was closed at the time and no employees were harmed. Company executives said store closures and disruptions to air freight in the Middle East will affect sales, while the firm prioritizes employee safety across the region.

Key Points

  • A franchise Adidas store in Israel was hit by an attack but was closed and no employees were injured.
  • Many outlets in Dubai and other major Middle Eastern shopping hubs were temporarily closed or operating with skeleton staff amid the regional conflict.
  • Adidas employs about 3,000 people across 350 chain and franchise stores in six countries in the affected region; the company expects revenue impact from closed stores and air-freight delays.

Adidas has reported that one of its franchise stores in Israel was struck in an attack, but that the outlet was closed at the time and no staff were injured, company executives said during a press conference in Berlin.

Mathieu Sidokpohou, Adidas' chief commercial officer, told journalists that the incident occurred three days earlier. "We had one franchise store in Israel which was hit indeed by an attack three days ago," he said. He added that the store had been closed when the event took place and that no colleagues were impacted.

"Fortunately the store was closed, so we didn’t have any colleague impacted," Sidokpohou said. "So far, business is not the most important thing for us in that region. It’s people first."

The company said the security situation across the region has forced temporary closures or reduced staffing at many outlets. Several stores in Dubai and other major Middle Eastern shopping hubs were either shut for safety reasons or operating with minimal personnel as the conflict between the U.S.-Israel alliance and Iran has affected the area.

Adidas chief executive Bjorn Gulden described staff sheltering at some locations, saying: "We have people currently sitting in shelters."

Adidas employs around 3,000 people at roughly 350 chain and franchise stores across six countries in the region that have been affected by the war. Executives warned that the company expects some revenue impact from stores closed in the Middle East, and from delays on shipments that travel by air through the region.

Gulden and Sidokpohou emphasized that protecting staff is the immediate priority while the business assesses the operational and financial consequences. The company highlighted two specific channels through which its near-term top line could be affected: temporary store closures that reduce retail sales, and interruptions to air freight that slow product deliveries.

Adidas' comments came during the press conference as the situation in the Middle East continued to evolve. The firm did not report any injuries related to the incident at the Israeli franchise store, and reiterated its focus on employee safety in the impacted countries.


Context limitations: The information provided here is limited to remarks made by Adidas executives during the press conference and company statements about affected stores, staff and logistics. No additional operational details or timelines were disclosed by the company at that time.

Risks

  • Temporary retail closures in the Middle East could depress sales in the region - impacts retail and consumer goods sectors.
  • Delays to products routed via air freight through the region may disrupt supply chains and product availability - impacts logistics and e-commerce sectors.
  • Ongoing security concerns could require prolonged reduced operations or additional safety measures - impacts retail real estate and operational planning for companies with regional exposure.

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