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Adidas raises more cash from Kanye shoe sell-off
Credit: IndiaTimes- Published on November 8, 2023
Adidas said on Wednesday it has raised another 350 million euros ($374 million) from the latest sell-off of Kanye West's Yeezy shoes that it was saddled with after ending a tie-up with the rapper. The funds were raised in the third quarter from Adidas's second sale of Yeezy products designed with the US rapper. Together with a...