Oop! Adidas Reportedly Expected To Lose $1.3 BILLION In Revenue After Parting With Kanye West

While Adidas chose to cut ties with Ye over his antisemitic remarks, it looks like this decision may ultimately end up costing the company a HUGE bag! The Company May Face ‘Significant Adverse Impact’ Due To Unsold Yeezy Stock Adidas recently published its “top- and bottom-line” financial outlook for 2023, and CEO Bjørn Gulden straight-up admitted that they “are currently not performing the way [they] should.” “The numbers speak for themselves. We are currently not performing the way we should.” Further details in the press release point out that there could be a “significant adverse impact from not selling the… Read Full Article