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Clothing & Shoes

Adidas profits fall 1% to £9.45bn amid Yeezy split

The company stated that its revenue was impacted by the termination of Yeezy partnership with Kanye West

Adidas has reported that its FY gross profit declined 1% to £9.45bn, down from the £9.54bn it made in 2021, according to its financial for the period ending 31 December 2022.

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