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Adidas posts first loss in 30 years but sticks to dividend

By Inquirer - 8 months ago
HERZOGENAURACH, Germany — German sportswear giant Adidas posted its first loss in more than 30 years in 2023 on Wednesday as CEO Bjorn Gulden works to turn the brand around after a messy break-up with rapper Kanye West. Adidas has been battling to right itself after it cut ties with West in October 2022, suspending

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