Khristopher J. Brooks is a reporter for CBS MoneyWatch. He previously worked as a reporter for the Omaha World-Herald, Newsday and the Florida Times-Union. His reporting primarily focuses on the U.S.

Adidas has been under severe financial stress since parting ways with Kanye West. According to the company’s CEO Bjorn Gulden, the athletic brand is projected to lose nearly 1.3 billion dollars in ...

Adidas' split from rapper Ye, formerly known as Kanye West, could cost the company some big bucks. The German sportswear company said Thursday that it could lose about $1.3 billion in revenue in 2023 ...

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 ...

Adidas' split with controversial rapper Kanye West continues to cause outsized financial struggles for the company, as it reported a fourth-quarter operating loss of $763 million and continues to ...

Adidas AG shares slumped after the German shoemaker warned of an operating loss of as much as €700 million ($752 million) in 2023 from the fallout of its dispute with rapper and former partner Ye. The ...