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Adidas gives update after Kanye West fallout

Por: ABC7 World November 10, 2022

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of its relationship with Ye, the rapper formerly known as Kanye West.Adidas ended the partnership last month over hateful speech and actions undertaken by Ye, estimating in last month that the move would cost the company up to $246 million in profits this year.The company on Wednesday said it had lowered its full-year operating margin outlook to 2.5%, down from the 4% margin it had targeted before the Yeezy termination in October.Following the... + full article



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