Adidas is saying it's in a serious financial pinch ... and it's blaming the bind directly on its decision to split from Kanye West.
The athletic brand gave the worrisome update Thursday, saying it's expected to lose a whopping $1.3 billion in sales in 2023 -- and the company says it's because it's unable to sell off all the Yeezy shoes and clothes it still owns.
As we reported, Adidas cut ties with Ye last year after his antisemitic comments and actions .