Topline Adidas’ business has been hurt by the loss of Kayne West’s Yeezy brand, the sports apparel giant said Friday while announcing its earnings result for the first quarter of 2023, highlighting the financial impact of the company’s decision to cut ties with the rapper last year following his antisemitic outbursts. The discontinuation of Yeezy sales caused a $441 million revenue drop in the first quarter for ... [+] Adidas. LightRocket via Getty Images Key Facts Adidas CEO Bjorn Gulden said “loss of Yeezy…[is] of course hurting us” as the company announced a better-than-expected quarterly profit of $66 million (€60...