After severing business ties with the rapper Ye, Adidas said it would cut its dividend and declared 2023 a “transition year.”
Tag: Yeezy (Fashion Label)
Adidas Cuts Forecast Again as It Contemplates Future for Yeezy Brand
The German sportswear company slashed its yearly forecast after dropping the popular Yeezy line over hate speech by its creator, Kanye West.
Adidas Lowers Earnings Forecast After Dropping Kanye West
The German sportswear company slashed its yearly forecast after dropping the popular Yeezy line over hate speech by its creator, Kanye West.