S&P Global also Downgrades Adidas
Citing a similar rationale to Moody’s, S&P downgraded The Big a’s long- and short-term issuer credit ratings to A-/A-2 from A+/A-1. The end of the Yeezy partnership with Kanye West combined with sluggish consumer demand in Europe and North America, declining market share in China in favor of local brands, and excess ... Log in to view full article.
