Kanye West's Yeezy has been a lucrative part of Adidas' business until it cut ties with him last year, leaving it with way more shoes than it can sell.
Adidas dropped the shoe on Kanye West in October 2022 after the latter made a string of anti-Semitic rants. Since, however, the German sportswear maker is bracing for a turmoil never faced in the.
By Alexander Hübner and Helen Reid HERZOGENAURACH, Germany/London (Reuters) - Adidas will slash its 2022 dividend, the sporstwear maker said on Wednesday,