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adidas Confirms $250M Expected Drop In Profit After Ye Debacle

Por: The Root Business November 11, 2022

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nIf “how much is it really worth to you” was a company, this week that company would be adidas, which yesterday confirmed that an acceptable price for separating itself from a rapidly-imploding business partner who devolved into antisemitic rants is right about a quarter-billion dollars. nnadidas updated its fiscal guidance for the year—Wall Street terminology for a hit about how much profit it might make or a warning about how much it’s... + full article



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