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Adidas warns of losses in aftermath of Yeezy fallout

Por: Fox Business Business February 10, 2023

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Check out what's clicking on FoxBusiness.com The once-profitable collaboration between Adidas and rapper Ye, formerly known as Kanye West, could send the sportswear giant to a loss in 2023. That is what the company reported if it can't sell its inventory of his Yeezy shoes.Adidas cut ties with Ye in October following antisemitic comments by the rapper and workplace complaints against him. to fall at a high single-digit rate, lowering... + full article



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