Adidas confirmed the complete liquidation of Kanye West's Yeezy stock, stating in an earnings call, 'that episode is behind ...
Adidas CEO Bjorn Gulden warned that President Trump’s import tariffs could worsen inflation and force consumers to cut back ...
Adidas initially paused the sale of Yeezy sneakers and considered destroying the remaining ... Revenue was about 750 million ...
The sportswear maker was eager to put the scandal with the rapper Ye behind it, but its cautious earnings forecast showed the ...
Adidas sold its last remaining pair of Yeezy sneakers in the fourth quarter, it said on Wednesday, ending the process of ...
After cutting ties with Kanye West following the rapper’s abhorrent antisemitic comments in October 2022, Adidas has finally offloaded the last of its Yeezy stock.
The once-promising partnership between Adidas and Ye, the rapper previously known as Kanye West, has reached its endgame as ...
Despite returning to profitability as it moves on from its collaboration with the rapper Ye, the German sportswear ...
Ending the partnership continues to have a financial impact on Adidas - with sales in North America dropping by 2% last year.
German sportswear giant adidas exceeded its revenue growth projections for the fiscal year 2024, recording a 12% surge on a ...
Adidas initially paused the sale of Yeezy sneakers and considered destroying ... and 650 million euros in 2024, for a total of 1.3 billion euros, or about $1.4 billion. Adidas calculated ...