Adidas reached an out-of-court settlement with the rapper to end all agreements. No money was paid to either party.
Adidas saw strong growth in Greater China in the third quarter, while sales in North America excluding Yeezy shoes were up on ...
Gross margin expanded 2 percentage points to 51.3%, despite the hit from “this year’s significantly smaller and less profitable Yeezy business ... momentum and the boost it got from ...
Adidas saw strong growth in Greater China in the third quarter, while sales in North America excluding Yeezy shoes were up on ...
The sale of parts of the remaining Yeezy inventory generated revenue of around $215 million in the quarter – well below last ...
The company kicked off another round of Yeezy sales Wednesday, including the popular sneakers Yeezy Boost 250 V2 ... The first sale saw the company offload up to a quarter of its Yeezy backlog ...
$1.2 billion of unsold Yeezy shoes stuck in limbo after Adidas ... s Anna Wintour are among those… News Wrap: Putin pushes to boost production of weapons and supplies for Ukraine invasion ...
Adidas also reached a settlement with rapper Kanye West, who goes by Ye, during the third quarter to end a series of legal ...
Adidas has reached an out-of-court settlement with Kanye West - known as Ye - ending all legal proceedings between them, the ...
However, because of heavy competition, the termination of the Yeezy partnership ... In 2022, aided by the proceeds of the Reebok sale, it repurchased EUR 2.5 billion in shares and issued EUR ...
Adidas announced it would be selling its leftover Yeezy inventory in batches and donate part of the proceeds to anti-hate groups. The company made around $437m (£336.2 m) from its first sale of ...
In 2022, aided by the proceeds of the Reebok sale ... guidance on Yeezy. In the long term, we forecast the growth of Adidas’ direct-to-consumer business will boost its margins.