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Adidas Warns of 700 Million Loss If Yeezy Shoes Go Unsold

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Adidas Warns of 700 Million Loss If Yeezy Shoes Go Unsold

Adidas AG shares slumped after the German shoemaker warned of an operating loss of as much as €700 million ($752 million) in 2023 from the fallout of its dispute with rapper and former partner Ye.
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