Adidas said it might have to write off the remaining 300 million euros ($320 million) worth of Yeezy shoes left unsold after it cut ties with rapper Ye, formerly known as Kanye West. The company will ...
Adidas has sold its last pair of Yeezy sneakers and a turnaround is in sight after ending its partnership with controversial rapper Ye – but now the sneaker giant is bracing for a sales hit from ...
The sale of Yeezy merchandise generated around $437 million (€400 million) in revenue for Adidas in the second quarter of 2023, according to the company’s latest earnings report, as the sports apparel ...
LONDON — Adidas said Wednesday that it’s donated or is planning to give away more than $150 million to groups fighting antisemitism and other forms of hate from the sales of Yeezy shoes last year ...
FRANKFURT, Germany (AP) — Adidas brought in 400 million euros ($437 million) from the first release of Yeezy sneakers left over after breaking ties with Ye, the rapper formerly known as Kanye West, as ...
BERLIN, July 24 (Reuters) - Unexpectedly strong sales of Yeezy shoes left over from Adidas' (ADSGn.DE), opens new tab abandoned collaboration with rapper Ye should reduce the sportswear giant's ...
LONDON, July 28 (Reuters) - Adidas (ADSGn.DE), opens new tab will sell more of its stock of Yeezy products in August, it said on Friday, and reiterated a pledge to donate part of the proceeds to ...