German sportswear company Adidas performed better than expected in 2023 as it logged an operating profit of €268 million ($289 million), according to preliminary figures released on Wednesday. While that is down from €669 million in 2022, it is better than the firm’s earlier guidance that projected a €100 million operating loss for last year. Adidas boss Bjørn Gulden attributed the strong results to a decision not to write off its remaining inventory of Yeezy merchandise. Instead, Adidas intends to sell the remaining products from its cancelled partnership with controversial rapper Kanye West….