This chapter explores the consequences of Adidas's decision to end their partnership with Kanye West, including the impact on their profits and the difficult choices they are facing to handle excess Yeezy inventory.
Inflation is slowing down. Is this what a soft landing looks like?
(00:21) Motley Fool Senior Analyst Asit Sharma and Ricky Mulvey discuss: - Big macro takeaways from the latest inflation numbers. - How adidas is dealing with the fallout from discontinuing its Yeezy line. - If the apparel maker has balance sheet risk.
Plus, (15:00) Alison Southwick and Robert Brokamp discuss the costs and benefits of working with a financial advisor.
Companies discussed: ADDYY, NKE
Article discussed: https://www.bloomberg.com/news/features/2023-05-25/adidas-s-yeezy-mess-has-been-a-billion-dollar-nightmare-for-the-business
Host: Ricky Mulvey Guests: Asit Sharma, Robert Brokamp, Alison Southwick Engineers: Dan Boyd, Rick Engdahl
Learn more about your ad choices. Visit megaphone.fm/adchoices