Topline German sportswear giant Adidas unveiled plans to slash its dividend on Wednesday, reiterating warnings the company could face its first annual loss in decades following the costly decision to ...
Tag: unsold yeezy
Adidas Shares Plummet As Losses Loom From Stockpile Of Unsold Yeezys Left After Kanye West Breakup
Topline Adidas shares plummeted Friday morning after the company said it could lose hundreds of millions of dollars this year from its failed partnership with rapper Kanye West, whose antisemitic rema...