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Adidas says Kanye West split could cost company $1.3B as Yeezy shoes go unsold

Por: New York Post Business February 11, 2023

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Adidas’ divorce from Kanye West could cost the company more than $1.3 billion in revenue after it cut ties with the rapper in the wake of his anti-Semitic remarks, the Germany-based sports apparel maker said. Shares of Adidas fell 11% on Friday after the firm warned it could end the year at a loss for the first time in three decades as it struggles to sell unsold stock of Yeezy products. The company said its financial guidance for 2023... + full article



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