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Yeezy fiasco helps push Adidas into loss as US sales continue to fall
By Anna Cooban, CNN London (CNN) — Adidas has slumped to a rare annual loss, hit by the fallout from its costly break-up with rapper Ye, falling sales in North America and a huge tax bill. The German sportswear giant posted a net loss of €58 million ($63 million) in its core business in 2023,
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