Adidas saw strong growth in Greater China in the third quarter, while sales in North America excluding Yeezy shoes were up on ...
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 ...
Adidas reached an out-of-court settlement with the rapper to end all agreements. No money was paid to either party.
The longstanding legal saga between Adidas and its former partner Kanye West, who now goes by Ye, has concluded.
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 ...
Sportswear maker adidas AG (ADDYY.PK) reported that its third quarter net income attributable to shareholders climbed to 443 million ...
The “Heartless” rapper was dropped from the German brand after going on a series of antisemitic rants in October 2022.
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 ...
Adidas has reached an out-of-court legal settlement with Kanye West, ending two years of acrimony that played out publicly. The sporting brand severed its lucrative Yeezy partnership with the rapper ...
The partnership was one of the most successful sportswear tie-ups in history and the resulting Yeezy range went on to help make West a billionaire. Ending the partnership in 2022 left Adidas with ...
adidas, a German maker of athletic shoes and apparel, has reported a substantial 7.3% growth in net sales, reaching €6.43bn ...