Sports & Outdoor Footwear
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Nike Stock Craters After Announcement of $2B Cost Cutting Measure, Lowered Sales Outlook
Nike’s stock took a tumble of more than ten percent Friday after news broke that the company was looking for a whopping $2 billion budget cut
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Adidas Joins Rush of Global Brands Dropping Kanye West, as He Refuses to Walk Back Antisemitic Remarks
German sportswear giant Adidas will end its partnership with American rapper Kanye West, calling his recent antisemitic tirades “dangerous” as a host of other companies also abandon the rapper as he continues to refuse to walk back his previous antisemitic remarks.