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You are here: Home / Adidas shares up 6% after trimming 2023 loss forecast on strong Yeezy inventory sales

Adidas shares up 6% after trimming 2023 loss forecast on strong Yeezy inventory sales

July 25, 2023 by US Top News and Analysis

Initial sales of Yeezy stock following the termination of Adidas’ partnership with rapper Ye have led it to cut its loss forecast to €450 million, from €700 million.

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