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Even as far as the Adidas X FOG basketball line, the most recent drop, the Fear of God Athletics II Basketball, looks like it could be a variation of the Yeezy Quantom Basketball sneaker that was ...
While the sale announced on Friday could be followed by subsequent releases of Yeezy inventory, no decisions have been made on timing, Adidas said, adding the move had no immediate impact on the ...
Following Adidas ‘ highly publicized split from Kanye “Ye” West last month after he espoused anti-Semitic sentiments on a multi-stop media tour, the sportswear company has plans to do what ...
Adidas had previously said it expects to lose $1.3 billion in revenue this year because it’s unable to sell the designer’s Yeezy clothing and shoes.
Adidas to release second batch of Yeezy sneakers after breakup with Ye Yeezy shoes are displayed at Laced Up, a sneaker resale store, in Paramus, N.J., in October.
Adidas said that it had sold Yeezy stock worth 1.2 billion euros in 2022 and 750 million euros in 2023, the latter of which generated a preliminary operating profit of around 300 million euros.
Then, today (February 26), the company announced additional releases of existing Yeezy products. West didn’t take this news well, writing on Instagram, “Anybody who loves Ye would not buy ...
After ending the partnership, Adidas said it would try to sell the apparel without the Yeezy name and branding. Adidas' stock price closed Friday at $74.61, down by 0.73%.
Yeezy accounted for about 10% of the company's annual revenue, while Adidas said that terminating its deal with Ye will put a $246 million hit in its bottom line this year alone.
Business Adidas is looking to repurpose unsold Yeezy products. Here are some of its options February 13, 20235:00 AM ET Heard on All Things Considered Juliana Kim ...
Shares in Adidas have gained 34% since the start of the year as investors gain confidence in CEO Bjorn Gulden’s ability to turn the company around after a break-up with Kanye West.
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