The move isn’t entirely unexpected — in 2023, the company issued releases of Yeezy stock in May and July. Products in those two releases were sold at a profit, but a “significant amount” of the ...

Adidas sees resurgence with Q3 revenue growth, overcoming Yeezy challenges and reviving retro styles.

Sportswear company ended partnership with musician’s Yeezy fashion line in 2022 after he was accused of making antisemitic ...

Ending the partnership in 2022 left Adidas with unwanted Yeezy stock worth some 1.2 billion euros including shoes and other ...

Over the third quarter, sales of the remaining Yeezy stock brought in 200 million euros, the German company said. Over the last quarter of the year, Yeezy is likely to bring in another 50 million ...

Bernstein analyst Aneesha Sherman maintained a Hold rating on adidas AG (0OLD – Research Report) on November 11 and set a price target of ...

Adidas has reached an out-of-court legal settlement with Kanye West, ending two years of acrimony that played out publicly. The sporting brand severed its lucrative Yeezy partnership with the rapper ...

The brand says it has momentum, though some analysts wonder what will follow the current hype around its legacy Terrace ...

Adidas has ended its "fight" with Kanye West over antisemitic comments he made in 2022, which scuppered the sports brand and US rapper's "Yeezy" collaboration. Adidas discontinued the collection at ...

Highlights,Adidas faces challenges in e-commerce revenue linked to the Yeezy brand.,The impact of Yeezy inventory sales ...

Adidas discontinued the collection at the time and started selling off Yeezy stock at wholesale prices. However, on Tuesday, the firm said it had reached a settlement with Mr West to end all legal ...