Adidas sees resurgence with Q3 revenue growth, overcoming Yeezy challenges and reviving retro styles.
Additionally, the rapper posted an Instagram picture of the Adidas Yeezy drop, claiming that "Anybody who loves Ye would not ...
As the sneaker company Adidas has reported a significant increase in quarterly profits, the German-based athletic brand has ...
Until the rupture, the Yeezy brand collaboration was a massive hit for Adidas, and the end of the relationship left Adidas with millions of shoes in storage that continue to weigh down its bottom line ...
West designed trainers under the Yeezy brand and Adidas said the loss of the business ... defend ourselves against them". Despite the drop in overall sales during the first three months of the ...
The brand says it has momentum, though some analysts wonder what will follow the current hype around its legacy Terrace ...
Sportswear company ended partnership with musician’s Yeezy fashion line in 2022 after he was accused of making antisemitic ...
The guidance assumes Adidas will sell the rest of its Yeezy inventory, on average, at cost. The preliminary Q3 results are the latest sign that Adidas is recovering from the Yeezy saga ...
In the wake of the split, Adidas disposed of over $1.3 billion worth of unsold Yeezy sneakers, which resulted in the ...
excluding the $1.2 billion of lost revenue from the Yeezy brand, the company's guidance of a high-single-digits decline in sales in 2023 suggests that Adidas is also expecting to see sales drop by ...
Adidas CEO Bjorn Gulden has helped reboot the German sportswear brand since its break-up with rapper Ye two years ago abruptly ended its lucrative Yeezy sneaker ... a 10.4% drop in sales in ...