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@sqoop Wed, 13 Mar 2024 10:57:08

Adidas reports 2023 loss, as Kanye fallout weighs

German sportswear giant Adidas reported an annual loss for 2023 on Wednesday, still weighed down by the fallout from the end of its tie-up with controversial rapper Kanye West. The loss of 75 million euros ($82 million) followed a profit of 612 million euros the previous year. Sales fell by five percent to 21.4 billion […]

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