Adidas attributed the dip to a Yeezy-related decline. The brand terminated its lucrative partnership with Ye, formerly Kanye West, in 2022 and was left with millions of dollars worth of Yeezy ...

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 ...

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.

The brand was left holding more than $530 million worth of Yeezy sneakers after dropping West, but it was able to sell some of the stock and give parts of the proceeds to charity. Had Adidas ...

It’s part of the business.” Adidas announced that it would be selling its leftover Yeezy inventory in batches, and donate part of the proceeds to anti-hate groups, in 2023 (Getty) The end of ...

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 ...

After years of legal disputes, Adidas has reached an amicable out-of ... left the brand with €1.2 billion ($1.3 billion) worth of Yeezy sneakers piled up in warehouses. The company decided ...

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 ...

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 ...

A Florida man convicted of murdering a teenage girl over Yeezy sneakers more than four years ago lunged at the family member of the victim in a courtroom ahead of his sentencing. Adrian Cosby, 23 ...

An array of Yeezy Foam shoes on sale in Krakow, Poland. CREDIT: Jakub Porzycki/NurPhoto via Getty Images Adidas is set to receive a €100million boost after settling with Kanye West – after ...