Adidas warns of big earnings hit after ending Ye partnership

Kanye West at an event announcing a partnership with Adidas on June 28, 2016 in Hollywood, California. Getty Images Adidas Wednesday cut its full-year guidance following the German sportswear giant’s termination of its partnership with Kanye West’s Yeezy brand. The company ended his relationship with Yeformerly known as Kanye West on October 25 after the …

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