Adidas has been under severe financial stress since parting ways with Kanye West. According to the company’s CEO Bjorn Gulden, the athletic brand is projected to lose nearly 1.3 billion dollars in ...

Adidas' split from rapper Ye, formerly known as Kanye West, could cost the company some big bucks. The German sportswear company said Thursday that it could lose about $1.3 billion in revenue in 2023 ...

Adidas may lose over $700 million in operating profits in 2023 if it doesn't sell off excess Yeezys. Currency-neutral sales would also decline in the "high-single digits," the company said, Thursday.

Adidas' split with controversial rapper Kanye West continues to cause outsized financial struggles for the company, as it reported a fourth-quarter operating loss of $763 million and continues to ...