Adidas CEO Kasper Rorsted reveals the truth behind Kanye West’s controversial statements, clarifying no antisemitic intentions

Shoes are offered for sale at an Adidas store in Chicago, Feb. 10, 2023. Scott Olson | Getty Images Adidas CEO Bjorn Gulden defended Ye, the artist formerly known as Kanye West, and said the rapper didn’t mean it when he made a series of antisemitic remarks. In a conversation on philanthropist Nicolai Tangen’s podcast …

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Strong Yeezy Sales Drive Adidas’ 6% Growth as 2023 Loss Forecast Is Trimmed

A stylish attendee was spotted wearing red Adidas Yeezy shoes outside Paul and Joe during London Fashion Week in September 2022. Photo by Jeremy Moeller / Contributor / Getty Images German sportswear giant Adidas announced on Monday that it anticipates a significantly reduced operating loss for the year due to better-than-expected early sales of its …

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