Adidas Raises Full Year Guidance, Says Yeezys Are Selling and Lifting Profits
Adidas on Monday raised its full-year guidance, citing tailwinds from its decision to start selling Yeezy merchandise again after parting with Yeezy head Kanye West and his brand in October in light of repeated antisemitic statements. The German sportswear retailer on Monday reported preliminary results for the second quarter, noting that revenues and profits were “positively impacted” by its decision […]
