Adidas Lost $441 Million in Past Year After Yeezy Breakup

Adidas’ decision to fire Kanye West last year still has a negative effect on the company’s bottom line.Today, Adidas CEO Bjrn Gulden released the company’s first-quarter financial results for 2023, noting a$441 million decline in year-over-year sales, primarily in North America, Greater China, and Europe,Middle East, and Africa (EMEA) regions. This decline is largely attributable…

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