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Arancha Pineiro
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ADIDAS AG: FINALIZA ACUERDO CON YE DE FORMA INMEDIATA (ANÁLISIS BANCO SABADELL)

Adidas acaba de comunicar que da por finalizado el acuerdo de colaboración con Kanye West de forma inmediata por declaraciones (antisemitismo y discurso de odio) contrarias a los valores a de la compañía. Esto supondrá el cierre con efecto inmediato de todo el negocio bajo la marca Yeezy (cese de producción y de pagos a Kanye West y sus compañías). La compañía ha comunicado que esto tendrá un impacto negativo de hasta 250 M euros en el BDI’22 (vs nuevo objetivo’22 de ADS de c.500 M euros) dada la elevada estacionalidad del cuarto trimestre.
Underlying
Adidas AG

ACM Managed Dollar Income Fund is a non-diversified, closed-end management investment company. This closed-end investment fund is designed for investors who seek high current income and capital appreciation. In order to achieve this objective, Co. invests primarily in high-yielding, U.S. and non-U.S. fixed income securities, denominated in U.S. dollars, that it expects to benefit from improving economic and credit fundamentals. Co. may utilize leverage through the investment techniques of reverse repurchase agreements and dollar rolls. As of Sept 30 2007, Co. had total assets of $192,614,325 and investment portfolio totalled $178,906,534.

Provider
Sabadell
Sabadell

Analysts
Arancha Pineiro

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