Tech stocks and chipmakers decline on Wall Street
Adidas
Ryanair arrests its slide with airline gaining 0.4% on Dublin listing
Iseq index finished the session up 1%, driven by growing optimism about the path for interest rates
Adidas has former footballer modelling weather-appropriate jackets with lots of pockets for carrying random bits
Sportswear companies among fallers after downbeat profit forecast from US retailer Foot Locker
“Burning is not the solution,” Bjorn Gulden said at the company’s annual shareholder meeting
Company ended partnership with Ye, formerly known as Kanye West, last year
The Iseq was up by slightly more than 0.1% in a volume-light session in Dublin
German sports shoe maker says Q4 sales were down 1% after €600m loss on Yeezy brand break-up
While the German company sits on €1.2bn worth of unsold stock after Ye’s fall from grace, another footwear brand is walking on air
Iseq Overall Index falls, led by banks and builders
Company facing a €700 million operating loss this year
Iseq index finishes Thursday’s session down 2.5% but markets in mainland Europe fare worse
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