Adidas shares lower after report it will end partnership with Kanye West


Adidas ADS, -3.16% shares were trading 3% lower after Bloomberg News reported that the apparel maker plans to end its partnership with Kanye West. The Yeezy line has accounted for as much as 8% of Adidas sales, the report said. Several companies including Gap and Balenciaga have cut ties with West over a string of controversial comments, including recent antisemitic social media posts.

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