Hagg.ai
Monitoring Antisemitism Intel
February 10, 2023
What is this data

Adidas could lose up to $750 million from a Yeezy fire sale

Source: finance.yahoo.com finance.yahoo.com
Key Topics in this News Article:
News Snapshot:
The ongoing fallout from Adidas' (ADDYY) decision to end its deal with Ye, the rapper formerly known as Kanye West, could see the company report a loss of nearly $750 million this year. The company announced Thursday if it opts not to repurpose any of the inventory from Ye's 'Yeezy' line of products, it stands to forgo as much as €1.2 billion (or $1.29 billion) in revenue throughout 2023. If the company chooses this option, Adidas would also take a €500 million profit hit this year and an additional €200 million one-off cost, bringing expected 2023 operating losses to €700...
Note: Please don’t mind the mess. Some source code may appear in the Snapshot above as we train our A.I.
Share on Social Media:
Facebook
X
LinkedIn
Telegram
Reddit
WhatsApp
You may also like

News Timeline:
Track the development of this news story across the Internet.

Timeline is being generated. Please check back and refresh this page soon.

What Does This Data Mean?

1: Date and Title 
This displays both the date Hagg.ai picked up the news and the original headline of the news from the source.

2: Source
View the name of the original source website, along with the source’s icon image. You can click the source name to visit the homepage of that source.

3: Key Topics
The great power of Hagg.ai rests here, where we use A.I. technology to extract the key topics and themes for the news article. You can click each topic to see many more articles categorized to that specific topic.

4: News Snapshot
Read a quick blurb extracted from the source news.

5: View Original Full News
Click this button to go directly to the original source article on the source’s own website.

6: News Timeline
Hagg.ai is powerful and our News Timeline shows you the genesis of where this news came from and other related news stories. The Timeline builds you a history of where the news came, so you can chart where the news may go!

Hagg.ai How-To