Frankfurt, Germany, April 23, 2025 (AFP) - Adidas profit jumps in first quarter without Yeezy shoes

NAMPA / AFP

2025-04-23

German sportswear giant Adidas said Wednesday that its profit almost doubled in the first quarter of 2025 as it turned the page on a costly split with US rapper Kanye West. Operating profit, which excludes some expenses such as tax, rose over 80 percent to hit 610 million euros ($692 million), Adidas said in a preliminary results statement. Adidas' performance later in the year could be hit by tariffs slapped on imports by US President Donald Tru......

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