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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 ...

The company ended its partnership with West’s popular Yeezy fashion line and the split reportedly cost both parties hundreds of millions of dollars. A year later, however, Gulden defended West.

The resolution comes as Adidas reports around 200 million euros ($215 million) in revenue from remaining Yeezy inventory sales, down from about 350 million euros in the same period last year.

Adidas has reached an out-of-court settlement with Kanye West through which both parties have agreed to withdraw all legal claims linked to the sportswear company’s decision to end its ...

Corteiz founder Clint419 just dropped a sneaker bombshell on his Instagram Close Friends story! Within this VIP IG space, Clint showed unreleased Corteiz x Nike apparel alongside the label's upcoming ...

The German sportswear group said Tuesday that currency-neutral revenue grew by double digits in most places, except North America, where dwindling sales of Yeezy sneakers are still weighing on the ...

in the quarter – well below Yeezy sales of around 350 million euros in the same quarter last year. The sale of parts of the remaining Yeezy inventory generated revenue of around 200 million ...

Q3 currency-neutral sales up 9% in Greater China North America currency-neutral sales down 7% Gross margin increases 2 percentage points Shares up 3.3% Oct 29 (Reuters) - Adidas (ADSGn.DE), opens ...