Adidas again cut revenue and earnings guidance for the year to account for the end of its Yeezy label partnership with designer Kanye West, but said it expects a recovery next year amid a cost-savings

Adidas and Kohl's appoint new CEOs

12:00am, Wednesday, 09'th Nov 2022
Morningstar Equity Analyst David Swartz joins Yahoo Finance Live anchors Seana Smith to discuss the resignation of the Kohl's CEO amid pressure from activist investors.

Adidas taps Puma's Bjørn Gulden as new CEO

11:36am, Tuesday, 08'th Nov 2022
Adidas has tapped former Puma executive Bjørn Gulden as the company's new CEO. Yahoo Finance Live anchors these discuss reports.
Adidas has appointed the head of Puma to succeed outgoing CEO Kasper Rorsted, betting on his ability to replicate its crosstown rival's comeback.
Adidas said over the summer that its chief executive would be stepping down following a string of disappointing results and cuts to financial expectations.
Yahoo Finance Live anchors Jared Blikre and Seana Smith discuss the Adidas stock reaction on news that outgoing Puma CEO Bjorn Gulden is set to become the next Adidas CEO.

Why Adidas Stock Skyrocketed Today

04:56pm, Friday, 04'th Nov 2022
The sportswear company seems to have found its next CEO.
Adidas could snap up the boss of crosstown rival Puma to succeed outgoing CEO Kasper Rorsted.
Okabashi, an Adidas manufacturing partner and family-owned footwear company in Buford, Georgia, has laid off 142 employees as a result of Adidas ending its partnership with Ye, formerly known as Kanye
The move comes during the aftermath of Adidas' decision to end its business relationship with the artist formerly known as Kanye West.
adidas is down nearly 70% from all-time highs after facing softer demand and ending its partnership with celebrity Kanye West. While adidas doesn't disclose its Yeezy sales, some estimates say it coul
When brands cut ties with a celebrity, there is a financial cost for both parties. Here's how Kanye's rants have hurt his sponsors in the market.
Fighting anti-Semitism maybe almost as costly as engaging in it, Adidas is learning now.
Rapper Kanye West's fashion line of mostly sneakers generated significant earnings and fat margins at Adidas. Replacing it won't be easy.
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