Adidas 2022 income drops, more pain ahead after end of Kanye tie-up

Adidas 2022 income drops, more pain ahead after end of Kanye tie-up

Adidas's net income fell heavily in 2022, according to preliminary results released on Thursday, with the German sportswear giant predicting major operating losses this year after ending a tie-up with Kanye West.
Adidas probing allegations about Kanye West's behaviour

Adidas probing allegations about Kanye West's behaviour

Adidas said Thursday it was investigating claims against Kanye West after a report detailed alleged inappropriate behaviour, just weeks after the German sportswear giant ended its partnership with the rapper.