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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 the German sportswear ...
Adidas is releasing a second wave of Yeezy shoes into the market as it moves to clear out the inventory of its defunct collaboration with Ye, formerly known as Kanye West. CNN values your feedback 1.
Adidas has decided what it’s going to do with its unsold Yeezy merchandise. At an investors’ conference Thursday, Adidas CEO Bjørn Gulden said that the apparel company is going to “sell ...
Adidas will start selling some of the shoes from its defunct Yeezy partnership with rapper Kanye West at the end of May, the company said on Friday, and plans to donate the proceeds to selected ...
Adidas looks to repurpose Yeezy merchandise amid financial blow Retail experts say Yeezys will be particularly difficult to resell given their distinct design and damaged reputation. But not doing ...
Adidas has about $500 million worth of unsold Yeezy shoes that were designed by Ye and has spent months trying to decide what to do with them.
Yeezy’s agreement with Adidas was set to run through 2026. Adidas shares fell 3.2% at the close of German trading. “We would expect to see further revenue, ...
Adidas says it still plans to sell Yeezy designs — just with a different name. The shoe and apparel brand announced its intentions to keep selling Yeezy products — which were created by Ye, ...
Adidas ADSGn.DE sold its last pair of Yeezy sneakers at the end of 2024, the sportswear brand said on Wednesday, ending the process of liquidating stock of the lucrative shoe partnership with ...
Adidas first found itself with heaps of Yeezy shoes and other products in outstanding inventory when it put a stop to its relationship with Ye in October. It reported the apparel was worth $1.3 ...
In wake of the split, some Adidas staffers who worked on Yeezy wrote an open letter to executives claiming they had known about West’s “problematic behavior” for years.
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