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Shares In Adidas Plunge Follow...

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Shares In Adidas Plunge Following Warnings It Could Make A Loss After Parting Company With Kanye West

RedFM News
RedFM News

04:32 10 Feb 2023


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Shares in Adidas have plunged following warnings it could make a loss after parting company with Kanye West.

The sportswear maker ended its relationship with the rapper after he made anti-Semitic remarks on social media.

But Adidas says not selling his branded items could reduce its revenues by up to 1-point-2 billion euro.


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