Posted on 02/10/2023 4:39:01 PM PST by nickcarraway
Adidas’ divorce from Kanye West could cost the company more than $1.3 billion in revenue after it cut ties with the rapper in the wake of his anti-Semitic remarks, the Germany-based sports apparel maker said.
Shares of Adidas fell 11% on Friday after the firm warned it could end the year at a loss for the first time in three decades as it struggles to sell unsold stock of Yeezy products.
The company said its financial guidance for 2023 “accounts for the significant adverse impact from not selling the existing stock” of Yeezy brand shoes and clothing.
(Excerpt) Read more at nypost.com ...
I think there are a LOT of people, just like me that no longer check the GOOGLE button, the AMAZON, the NIKE, or the Disney Channel. We’ve all been sold products overpriced as they have promoted ideas that are contrary to the majority of the people living in the USA. Not JUST one contract with an important personality, but everyone is loosing their shirt. The Titanic is SINKING.
Another knee jerk woke cancellation goes bust.
People didn’t like Hitler long before wokeness existed.
Feel kinda bad for Kanye, but I have nothing but Schadenfreude for Nike, at least I hope Kanye got his money up front.
Why can’t they sell the shoes? Lack of demand, or contractual issues?
Justice
Hey, you know what? I’d take a few pairs of those shoes in size 13. You know, for $5-$10 a pair. Since they’re just sitting in warehouses taking up space, they should be down for that. Right?
If these fookin’ wokesters can cancel you just for loving Hitler and thinking the holocaust was a swell idea, what’s next? Banned from making money because I hunt Latinos on my private island? Banned for admitting I’ve eaten a human being before?
This Kanye thing is a slippery slope. Hope Tucker does a show on it.
Weimar was woke.
Says the fascist who hates free speech.
LOL. How do I hate free speech? Quit the opposite.
A United States consitutionalist says “I disagree with what you say, but I will defend to the death your right to say it.”
A fascists says “I disagree with what you say, and if you don’t stop saying it you should be put to economic and social death.”
LOL I didn’t say that.
So, all the Freepers who say they won't go see woke Hollywood movies, you say they are FASCISTS who hate FREE SPEECH?
All the Freepers who won't support business that promote leftist and woke values - you say they are FASCISTS who hate FREE Speech?
Anyone who ever says, "Go woke, go broke," you think they are FASCISTS who hate FREE SPEECH?
Why are you on Free Republic when you think almost everyone on the site is a fascist and against the Constituion?
Why are they here?
Why are who here?
You expect them to sell at cost?
“Hope Tucker does a show on it.”
Tucker did a 2-hour interview with Ye.
He also attended a love-fest with the Hells Angels.
Yeah! Since they’re sitting in a warehouse taking up space, and they’re bitching about having them. I’d be willing to take some off their hands.
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