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Adidas sued by investors in US over split with Kanye West
short by Mansi Agarwal / on Saturday, 29 April, 2023
Adidas investors have filed a lawsuit against the company in the US over the collapsed partnership with rapper Kanye West, now known as Ye. The lawsuit alleges Adidas already knew about the risks of this partnership before West's anti-Semitic comments went public, but failed to take timely action. Adidas' shares suffered due to the partnership, the lawsuit claims.
read more at CNBC-TV18