Adidas has sold the last remaining pair of Yeezy trainers- more than two years after cutting ties with controversial musician Kanye West. Contributions were made to organisations including the ...
The German sportswear giant that broke ties with Ye over his antisemitism is donating 250 million euros it made from ...
Adidas has been trying to put the Yeezy affair behind it since antisemitic rants by Kanye West forced it to end the profitable partnership in 2023.
Adidas sold its last remaining pair of Yeezy sneakers in the fourth quarter, it said on Wednesday, ending the process of liquidating stock of the lucrative shoe line developed with rapper Ye, whom the ...
HERZOGENAURACH, Germany >> Adidas sold its last remaining pair of Yeezy sneakers in the fourth quarter, the sportswear brand ...
Adidas and Kanye West Announce Yeezy Boost 350 V2 Release Date Adidas and Kanye West Announce Yeezy Boost 350 V2 Release Date Kanye West and Adidas announce the release date of a brand new ...
The once-promising partnership between Adidas and Ye, the rapper previously known as Kanye West, has reached its endgame as the German sportswear giant sold its remaining Yeezy sneaker inventory ...
Adidas reported it sold 650 million euros ($696 million) worth of Yeezy sneakers last year, making a profit of around 200 million euros. The year before, Adidas made 750 million euros in revenue ...
Adidas is expected to see a drop in revenue following the end of its relationship with Kanye West and the YEEZY brand Ingrid ... report an operating loss of $750 million, the press release states.
That is down from the year before, when Adidas made 750 million euros in revenue from Yeezy inventory, generating 300 million euros in operating profit.