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You are here: Home / Adidas warns of first annual loss in three decades and cuts dividend after Ye split

Adidas warns of first annual loss in three decades and cuts dividend after Ye split

March 8, 2023 by US Top News and Analysis

Adidas on Wednesday reported a substantial fourth-quarter loss and slashed its dividend, following the costly termination of its partnership with Kanye West’s Yeezy brand in October.

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