The report came in after the retailer stated that it had expanded its range of 'sneaker' shoes to over 500 of its stores, aiming to meet the growing demand for youth footwear.
According to the company’s latest annual report, the original agreement with Adidas links a part of the yearly payments to the club’s participation in the Champions League.
Last month, Adidas ended its partnership with the rapper. The probe follows a report that detailed alleged incidents of inappropriate behavior by Ye toward staff & prospective employees.
Adidas was producing Yeezy branded sneakers, which cost between $200-$700. They generated about $1.47 billion in annual sales for Adidas, making up a little over 7% of its total revenue.
As Narendra Modi becomes India’s second-longest consecutively serving Prime Minister, we look at how he compares with Indira Gandhi across four key dimensions.
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