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 ...
Until the rupture, the Yeezy brand collaboration was a massive hit for Adidas, and the end of the relationship left Adidas with millions of shoes in storage that continue to weigh down its bottom line ...
Both parties had been engaged in several legal arguments since the brand terminated its partnership with West's Yeezy label ...
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.
Gulden has overseen the sales of Adidas' remaining stock of Yeezy shoes, initially in high demand but more recently selling at discounts. Yeezy inventory sales generated revenue of around 200 ...