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Last week, Adidas and Beyonc茅s Ivy Park ended their relationship. The news followed reports of a 50% drop in revenue that emerged [url=https://www.cups-stanley-cups.us]stanley website[/url] in February.Despite rumors of Beyonc茅s annual salary being a whopping $20 million, the partnership between her and the company was not as successful as previously claimed. That said, while the collaboration did not meet expectations, [url=https://www.cup-stanley.fr]stanley mugs[/url] according to The Wall Street Journal, the contract was slated to end in 2023, five years after its inception. With that, both Adidas and Beyonc茅 were said to have come to a mutually agreeable decision to discontinue the collaboration, according to The Hollywood Reporter.But w [url=https://www.stanley-germany.de]stanley cup[/url] hat does this mean for Adidas Too Many Breakups All at Once聽The Ivy Park-Adidas breakup comes as the sportswear giant has been under the spotlight for not only reporting a big fourth-quarter loss but also for its highly publicized breakup with Kanye West, now known as Ye.Despite being regarded by Adidas as one of the most successful partnerships in its history, Adidas terminated the relationship due to rappers antisemitic outbursts on social media. The breakup has reportedly left Adidas with about a $1.3 billion loss in revenue.In聽financial guidance聽for 2023 released in February, the company said that while it is deciding what to do with its Yeezy inventory, not selling it would lower operating profit by 500 million euros about $534 million and result in a break-even operating profit. Additionally, the company would face one-time expenses of 20 Lcsy RNC Prepares For Denial-Of-Service Attack Attempts
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