VP of the adidas /// studio, Erika Wykes-Sneyd, elaborated during an exclusive interview at NFT Paris.

Adidas and Major League Soccer renew partnership

07:53am, Wednesday, 22'nd Feb 2023
Don Garber, MLS commissioner, and Rupert Campbell, Adidas North America president, joins 'Squawk Box' to discuss the partnership between the two, the upcoming strategy for Adidas and where each see th

Adidas renews deal with Major League Soccer

06:45am, Wednesday, 22'nd Feb 2023
Adidas' new deal with Major League Soccer will run through 2030.
The sportswear giant issued a profit warning earlier this month, saying it'd lose $1.3 billion from the end of its Yeezy partnership.
S&P Global Ratings downgraded its long- and short-term ratings on Adidas AG ADS, -2.39% ADS1, -2.13% ADDYY, -4.85% on Tuesday to A+/A-1 from A-/A-2, citing deteriorating credit metrics in the wave of
Adidas (OTCMKTS: ADDYY ) said in early February that its operating profit in 2023 would be 500 million Euros ($534.2 million) less than in 2022 due to its breakup with Kanye West. The company's profit
New CEO Bjorn Gulden kicks off his tenure with a major reset of adidas' FY23 guidance. While the size of the writedowns at Yeezy and the 'strategic review' allocation indicate conservatism, the new CE
“Catastrophic” is the blunt assessment of Adidas AG's 2023 outlook, as given by Saxo Bank's Peter Garnry. Adidas' Kanye West-sized PR nightmare is the first and most obvious headwind blowing the G
Dire forecasts for 2023 imply Adidas expects to take a substantial sales and profit hit outside of Yeezy's impact on the company.
Shares of Adidas fell by as much as 12.6% on Friday after the firm warned it could end the year on a loss for the first time in three decades.
Adidas shares plummeted Friday morning after the company said it could lose hundreds of millions of dollars this year from its failed partnership with rapper Kanye West, whose antisemitic remarks last
Adidas' breakup with Ye could lead to a revenue loss of 1.2 billion euros (about $1.3 billion) in 2023. The sportswear company said in a Thursday (Feb.
The sportswear company had created Yeezy through a partnership with rapper and businessman Ye, formerly known as Kanye West, that was terminated last year following controversial and offensive stances
Adidas is warning that the German sportswear company could be headed to a loss in 2023 if it can't sell its inventory of Yeezy shoes. The company cut ties with rapper Ye in October.
Global sportswear manufacturer Adidas has said ending its partnership with Kanye West will hit profits by €500mln in 2023 due to unsellable stock left with the business. If Kanye West's “Yeezy' br
Click to get the best stock tips daily for free!

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE