Adidas shareholders filed a class-action lawsuit against the brand, accusing it of failing to warn investors about the antisemitism and “extreme behavior” exhibited by the rapper formerly ...

Adidas’ business has been hurt by the loss of Kayne West’s Yeezy brand, the sports apparel giant said Friday while announcing its earnings result for the first quarter of 2023, highlighting ...

Adidas plans to cut as many as 500 jobs in a bid to simplify its business, a person familiar with the matter confirmed to CNBC on Thursday. The layoffs will affect employees at Adidas ...