Adidas global revenues drop 5 per cent after Yeezy split

(Joris Verwijst/BSR Agency/Getty Images)
(Joris Verwijst/BSR Agency/Getty Images)
German sportswear company Adidas suffered a five-per-cent reduction in total revenues in 2023 and posted reduced operating profits of €268m ($293.2m) after severing ties with controversial rapper and fashion designer Kanye West’s Yeezy brand.

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