Kanye West Takes Wife Shopping at Balenciaga Despite Brand Dropping Him

Adidas is wondering what to do with Yeezy shoes after split with rapper Kanye West | Oneindia News

Adidas is still grappling with how to dispose of 1.2 billion euros in Yeezy shoes following its split with the rapper formerly known as Kanye West, which forced the German sportswear maker into a large loss at the end of last year and raised the prospect of more pain in the future. #Adidas #Yeezy #KanyeWest

Adidas Reports a $540M Loss Due to Unsold Yeezy Products

Adidas Reports a $540M Loss , Due to Unsold Yeezy Products. Adidas cut ties with Kanye West and his Yeezy line in October due to antisemitic comments made by the rapper. Adidas cut ties with Kanye West and his Yeezy line in October due to antisemitic comments made by the rapper. The inability to sell backstock, coupled with increasing supply costs and declining revenue in China. led Adidas to endure a net loss of $540 million in the fourth quarter of 2022. NPR reports that if the company decides against repurposing the Yeezy products, it could lose over another $500 million this year. Adidas says it's expecting an operating loss of over $700,000,000 this year. CEO Bjorn Gulden said 2023 will be "a transition year" and "we can then start to build a profitable business again in 2024.". Adidas will also be replacing top executives. Roland Auschel, the company's global sales head of 33 years, will be replaced by Arthur Hoeld. . Head of global brands Brian Grevy will exit his role on March 31. CEO Bjorn Gulden will handle his responsibilities for the time being

Labour: Gary Lineker's comments were wrong

Shadow Home Secretary Yvette Cooper responds to the BBC's Gary Lineker's likening of the new migrant bill to Nazi Germany saying; "I don't agree with what he said or think it was the right thing to say" and that it's a "matter for the BBC". This comes as the government have branded the BBC presenter's remarks "inflammatory" and "out of step with public opinion" with reports suggesting the BBC will "remind" Lineker of his responsibilities as a member of staff Report by Nelsonr. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Minister: Gary Lineker's comments were wrong and inflammator

When asked for his reaction to the BBC's Gary Lineker's likening of the migrant bill to Nazi Germany, Robert Jenrick says they were "wrong and inflammatory". The immigration minister calls on Lineker to explain his remarks, saying they are "out of step with public opinion" and that the government is "acting on behalf of the British public" by bringing the Illegal Immigration Bill to the Commons on Tuesday to crack down on small boats crossing the Channel. Report by Nelsonr. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Putin evokes Stalingrad to justify the invasion of Ukraine | Oneindia News

Russian President Putin evoked Stalingrad in order to garner support for the war against Ukraine and said that attacking Ukraine is like attacking Nazi Germany. #Putin #Ukraine #Stalingrad

Spanish museum returns two 15th century paintings to Poland

Poland saw much of its cultural patrimony destroyed or looted during the country’s wartime occupation by Nazi Germany and the Soviet Union. Approximately 500,000 items are still missing.