Adidas has eventually surfaced from a bitter legal disagreement with rapper Kanye West and says it expects to make a profit of 700 million euros in 2024. In February, the German apparel mammoth said it plans to vend its remaining Yeezy products from its cooperation with West at a bargain price. Adidas’ instigative advertisement on Tuesday comes a month after the company posted its first loss in 30 times. It manufactures Samba, Gazelle and Lot shoes. The company said the revised numbers were 200 million euros further than preliminarily read and down from a more- than- anticipated first quarter of the time. The company said its daily profit reached 336 million euros, over from 60 million euros a time before it was hit by pressures with West. Adidas further said it vended another 150 million euros worth of Yeezy products in the quarter, for a profit of around 50 million euros.
