![Adidas’ profits plunge from Russia and Ye exit Adidas’ profits plunge from Russia and Ye exit](https://exceptionalinsights.group/wp-content/uploads/2022/03/logo_200x200-2.png)
The sportswear giant slashed its annual outlook for the fourth time since the beginning of the year German sportswear giant Adidas saw its net profit nearly halve in the third quarter of 2022 after leaving the Russian market and canceling a partnership with Kanye West.
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