Adidas warns of $250 million earnings hit after ending its partnership with Kanye West amid his anti-Semitic rants - but company will still sell his shoe designs WITHOUT Yeezy branding.

jboldeniv

Administrator

Join Date: Sep 2020

Posts: 10067

Country: United States [US]
- Share
- Tweet
#1

Adidas warns of $250 million earnings hit after ending its partnership with Kanye West amid his anti-Semitic rants - but company will still sell his shoe designs WITHOUT Yeezy branding.

11-09-2022, 01:45 PM

It looks like Adidas is going to take a huge loss after terminating deal with Kanye West.

Adidas warns of big earnings hit after ending partnership with Kanye West | Daily Mail Online

https://www.dailymail.co.uk

Adidas on Wednesday lowered its earnings forecast for the year to account for losses from ending its partnership with the rapper formerly known as Kanye West over his anti-Semitic remarks.
Tags: adidas profit loss, kanye west

Global Horizontal Ad1