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Adidas Stock Drops 6% As Company Takes $247 Million Loss On Kanye

https://www.forbes.com/sites/dereksaul/2022/10/25/adidas-stock-drops-6-as-company-takes-247-million-loss-on-kanye/
Updated Oct 25, 2022, 10:29am EDT Topline Shares of German footwear and apparel giant Adidas slid Tuesday after it disclosed a nine-figure loss after breaking off its relationship with rapper Kanye West following his anti-Semitic tirades, an ill-timed public relations nightmare for the firm whose stock was already falling due to slumping sales. Key Facts…

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