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Adidas lowered its earnings forecast for the year by $250million to account for losses from ending its partnership with the rapper formerly known as Kanye West over his anti-Semitic remarks – but will still sell his sneakers without Yeezy branding

Adidas lowered its earnings forecast for the year by $250million to account for losses from  over his anti-Semitic remarks – but will still sell his sneakers without Yeezy branding. Adidas owns the design rights for both existing and future colors and versions of the Yeezy line, but not the Yeezy name.The company said it will …

Adidas lowered its earnings forecast for the year by $250million to account for losses from ending its partnership with the rapper formerly known as Kanye West over his anti-Semitic remarks – but will still sell his sneakers without Yeezy branding Read More »

Russia's Polymetal negotiates to keep London listing as GDRs

This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine By Anastasia Lyrchikova MOSCOW, Feb 9 (Reuters) – Russian gold and silver producer Polymetal is negotiating with British authorities to keep its London listing in the form of global depositary receipts (GDR) after the company moves to Kazakhstan, …

Russia's Polymetal negotiates to keep London listing as GDRs Read More »