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Adidas lowers guidance amid Kanye West split

If all these effects were to materialise, the company would expect to report an operating loss of โ‚ฌ700m (ยฃ619m) in 2023

Adidas has announced that it expects its revenues to drop at least โ‚ฌ1.2bn (ยฃ1.1bn) as a result of its split with Kayne West.

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