Money

Investors sue Adidas over Kanye West relationship

Published

1 year ago

May 1, 2023

ticker NEWS

The investor group is alleging the sportswear brand was fully aware of West’s problematic behaviour years ago

Adidas is being sued by a group of investors after the company ended its relationship with Kanye West.

The investor group is alleging the sportswear brand was fully aware of West’s problematic behaviour years ago, and failed to take measures to minimise negative implications.

The company ended its collaboration with the rapper last year following anti-semitic comments.

Adidas revealed earlier this year that it will likely lose hundreds of millions of dollars over unsold Yeezy products.

In a statement, Adidas said: “We outright reject these unfounded claims, and will take all necessary measures to vigorously defend ourselves against them”.

West is not party to the investor lawsuit.

Last October, when the company ended the collaboration, it said: “Adidas does not tolerate antisemitism and any other sort of hate speech.

“Ye’s recent comments and actions have been unacceptable, hateful and dangerous, and they violate the company’s values of diversity and inclusion, mutual respect and fairness.”

Money

Research key to investment success

Published

10 hours ago

May 6, 2024

ticker NEWS

What is the importance of research in the investing and super landscape in Australia?

Wyld Money dives into the world of financial freedom. Whether you’re a seasoned investor or just getting started, join us for actionable tips and tricks to unlock your earning potential, and retire on your own terms.

In this episode, Mark is joined by Peter Green, Director of Research at Lonsec Research. #wyld money

Money

Why “stagflation” will be the greatest financial threat of 2024

Published

12 hours ago

May 6, 2024

Nathan Langridge

With inflation soaring and economic growth tapering off, concerns about stagflation are on the rise

Stagflation, a situation characterised by high inflation coupled with stagnant economic growth, presents a unique challenge that many are ill-prepared to face.

Mark Wyld from MW Wealth joins to unpack what defines “stagflation”. #featured

Money

Unpacking crypto ‘prop trading’

Published

3 days ago

May 4, 2024

ticker NEWS

What is crypto proprietary trading and how can it benefit you?

Bitcoin 101 is an exciting talk show that educates viewers on safe participation in crypto markets, providing timely updates and expert insights for informed decision-making.

Hosted by the Managing Director of Crypto Calls, Cheyne Kupfer.

In this episode, Cheyne sits down with Growth Partner at Crypto Calls, Jack Birkinshaw to talk all things prop trading.