Nation
World
Politics
Sports
Business
Entertainment
Life
Tech
Science
Opinion
Crime
Health
Oddities

Adidas lowers earnings outlook after breakup with Yeezy

Por: ABC News Entertainment November 09, 2022

thumbnail

FRANKFURT, Germany -- Shoe and sportswear maker Adidas on Wednesday lowered its earnings forecast for the full year to account for losses from ending its partnership with rapper Ye, formerly known as Kanye West, in response to the artist's antisemitic remarks. Adidas cut its sales outlook for the year as part of its third-quarter earnings statement, to a low single digit increase from a mid-single digit increase, and net profit from... + full article



Similar News

Adidas cuts profit guidance amid Kanye West fallout

ABC News USA Business November 09, 2022

thumbnailAdidas on Wednesday lowered its profit projections for the full year, saying its break-up with Yeezy is expected to affect its bottom line during the important holiday shopping season.Investors and shoe enthusiasts had been expected to closely watch the Adidas earnings release,... + más

Yeezy without the Ye? Who is new sole owner | CNN

Adidas May Continue the Yeezy Brand—Just Without Kanye West | The Daily Beast


Sneakerheads snap up Yeezy shoes after Adidas walks away

CBS News USA Entertainment October 29, 2022

thumbnailDemand for Yeezy brand shoes is rising among sneakerheads after Adidas  on its commercial partnership with Ye, the rapper better known as Kanye West, over his antisemitic remarks.In the three days since the sportswear giant's announcement, trade activity on Tradeblock —... + más

Yeezy without the Ye? Who is new sole owner | CNN

Adidas May Continue the Yeezy Brand—Just Without Kanye West | The Daily Beast


Adidas May Continue the Yeezy Brand—Just Without Kanye West

The Daily Beast USA Life October 27, 2022

thumbnailWhen Adidas terminated its relationship with in the wake of his rampant anti-semitism, the company made one thing : they would “end production of Yeezy branded products, and stop all payments to Ye and his companies,” bringing “Adidas Yeezy business with immediate... + más

Yeezy without the Ye? Who is new sole owner | CNN

Will Adidas stop making Yeezys now? | Newsweek


Will Adidas stop making Yeezys now?

Newsweek USA Business October 26, 2022

thumbnailAdidas announced on Tuesday that it was cutting ties with Kanye West over his recent antisemitic remarks, leaving many to wonder: will the brand stop making Yeezys altogether?After garnering criticism over the last few weeks for repeated antisemitic comments, including writing... + más

Kanye West's Yeezys boycotted after antisemitic remarks: Too embarrassed | Newsweek

Yeezy without the Ye? Who is new sole owner | CNN


Yeezy without the Ye? Who is new sole owner

CNN USA Business October 26, 2022

thumbnailNew York CNN Business  —  “When it starts to get crazy, then run away,” Kanye West once sang. Adidas followed his advice. Where to start? After a social media uproar Adidas cut ties with Ye, the artist formally known as Kanye West (and ) joining the that have separated... + más

Adidas expects to lose $246 million in profit this year after cutting ties with Kanye West | Business Insider

Gap removes all Yeezy merchandise and shuts down YeezyGap.com | CNN


Adidas expects to lose $246 million in profit this year after cutting ties with Kanye West

Business Insider USA Entertainment October 26, 2022

thumbnailAdidas expects to lose $246 million in profit by the end of the year , the rapper and designer formerly known as Kanye West.The Germany sportswear company said Tuesday that it had ended its partnership with Ye, including ending production of Yeezy-branded products and stopping... + más

Yeezy without the Ye? Who is new sole owner | CNN

Adidas terminates partnership with Ye following rapper's antisemitic remarks | CNBC


Anti-Defamation League urges Adidas to sever ties with Ye's Yeezy

CNBC USA Business October 20, 2022

thumbnailKanye West arrives at the Vanity Fair Oscar Party on Feb. 9, 2020, in Beverly Hills, Calif.Evan Agostini Invision APThe Anti-Defamation League is urging Adidas to sever ties with Ye, calling out his recent hateful comments in a .The rapper and designer, formerly known as Kanye... + más

Kanye West erupts after Adidas puts Yeezy partnership 'under review' following 'White Lives Matter' statement | Fox Business

Adidas Says Its Relationship With Kanye West Is Under Review | NBC 6 South Florida



About iurex | Privacy Policy | Disclaimer |