Steven Smith has had quite a career in innovation of styles in footwear and fashion. Spanning 38 years, Smith has been able ...
While the company reported a 9% increase in revenue in China, there was a 7% fall in the US. Adidas attributed the dip to a Yeezy-related decline. The brand terminated its lucrative partnership with ...
Prolific designer Steven Smith, fired from Yeezy in August, has held key roles at Adidas, Nike, Reebok and New Balance.
Adidas plans to sell remaining stocks of Yeezy sneakers from its defunct partnership with Kanye West, for at least the price it cost to make them. The firm cut ties with the rapper and fashion ...
Days after Adidas announced the split with West, court records show that the company demanded Yeezy return $75 million that had allegedly been deposited into its accounts. When Yeezy refused ...
Adidas is winding down its affiliation with Ye on two fronts — legally and in terms of its dwindling Yeezy inventory. Wholesale in Q3 grew 13% year over year on a currency-neutral basis ...
Adidas has about 1.2bn euros (£1bn; $1.3bn) worth of Yeezy shoes sitting in storage. Mr Gulden said the firm had decided to sell some of the merchandise, instead of donating it, because it did ...
BERLIN — In an unexpectedly positive third quarter, during which German sportswear giant Adidas saw 10 percent growth in sales, the company also closed its turbulent chapter on the Yeezy line.
Adidas announced that it would be selling its leftover Yeezy inventory in batches ... Philonise & Keeta Floyd Institute for Social Change run by George Floyd’s brother. West was banned from ...
The Yeezy line accounted for about half of Adidas’ total profits before the split, according to analysts. The sportswear company was stuck with some $1.3 billion of unsold Yeezy shoes and ...
The sale of parts of the remaining Yeezy inventory generated revenue of around 200 million euros ($215 million) in the quarter. AP Separately, Adidas saw strong growth in Greater China in the ...
Beyond spearheading Yeezy through its influential golden days, Smith is also responsible for iconic silhouettes such as the ...