Adidas reported a loss for the year 2023, attributing it to the fallout following the termination of its collaboration with Kanye West. This collaboration, which ended in late 2022 due to controversies sparked by West’s social media posts, had been responsible for the successful Yeezy line of trainers. The termination left Adidas facing a significant […]
The National Minority Supplier Development Council (NMSDC) received a significant boost for its black business development initiatives. The Fifth Third Foundation pledged $1.1 million to support the innovative Centers of Excellence Certificate Program (COECP) until 2026. This program empowers NMSDC-certified minority-owned businesses (MBEs) by equipping them with the tools and connections needed to compete for […]
