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Adidas will put Yeezy shoes up for sale for a third time since cutting ties with Ye. Getty Images. On Dec. 26, Ye issued an apology in Hebrew to the Jewish community.
Kanye West and Adidas have had a tumultuous relationship for the past couple years now, a relationship that officially dissolved in October 2024 when the two parties reached an out-of-court ...
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 ...
Yeezy revenue from June was “largely in line" with sales seen in the second quarter of last year, Adidas said. The boost has allowed the company to cut its expectations for this year's operating ...
Yeezy shoes made by Adidas are displayed at Laced Up, a sneaker resale store, in Paramus, N.J., on Oct. 25, 2022. Adidas is releasing a second batch of high-end Yeezy sneakers after cutting ties ...
Yeezy shoes are displayed at Laced Up, a sneaker resale store, in Paramus, N.J., in October. After cutting ties with the rapper formerly known as Kanye West, Adidas is releasing a second batch of ...
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.
Adidas said it made $437 million from the first sales of Yeezy shoes since cutting ties with Kanye West. Some of the proceeds will be donated to groups fighting antisemitism, the company said.
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 ...
Sneaker fans who can’t get enough of the Adidas Yeezy Slides will reportedly have another style to look forward to soon. After releasing a barrage of Adidas Yeezys last week for the brand’s ...
The first sale of Yeezy inventory brought in $437 million for Adidas. It has been working to sell the apparel it has from its former partnership with Kanye West.
Adidas upgraded its earnings outlook for the year Thursday, in part because of demand for the company’s remaining stock of its discontinued Yeezy merchandise.. Adidas now expects to make a € ...