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Adidas could lose more than $1 billion in revenue as Yeezy shoes go unsold

Adidas’ split from rapper Ye, formerly known as Kanye West, could cost the company some big bucks. The German sportswear company said Thursday it could lose around $1.3 billion in revenue in 2023 if it’s unable to sell its existing Yeezy inventory, while operating profit would fall by about $535 …

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