Adidas slashes 2022 outlook after Kanye West split
Adidas now expects its currency-neutral revenue to grow at a low-single-digit rate in 2022, down from a previously forecast mid-single-digit rate.
A pair of Yeezy shoes are seen in a Foot Locker store on the day Adidas terminated its partnership with the American rapper and designer Kanye West, now known as Ye, in Garden City, New York, US, October 25, 2022.(photo credit: REUTERS/SHANNON STAPLETON)ByREUTERS
