Adidas CEO calls for People's Vote on Brexit

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, the British Fashion Council also called for a People’s Vote, 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