Adidas sees resurgence with Q3 revenue growth, overcoming Yeezy challenges and reviving retro styles.
The brand says it has momentum, though some analysts wonder what will follow the current hype around its legacy Terrace ...
However, Sourcing Journal may receive a commission on orders placed through its retail links ... with polarizing rapper Kanye ...
Following extremely vocal public criticism of its CEO Kasper Rørsted by Kanye West, Adidas has placed its relationship with the rapper “under… Get free access to tactical tips, invaluable insights, ...
Operating profit increased 46% to 598 million euros, including 50 million euros from the sale of the remaining Yeezy inventory. Even without the impact of Yeezy, the sportswear giant performed well.
The move isn’t entirely unexpected — in 2023, the company issued releases of Yeezy stock in May and July. Products in those two releases were sold at a profit, but a “significant amount” of the ...
On December 2 nd, Footwear News will honor Kanye West with the “Shoe Of The Year Award", acknowledging the success and cultural imprint of his Adidas Yeezy Boost. “The sneaker releases ...
The platform was still selling Yeezy items last month and had more than 200 Yeezy sneakers, boots, and slides on offer. Brands including Gap, Balenciaga and Adidas have cut ties with West ...
700 and the Yeezy Slide and Foam Rnr lines. It comes after the first wave helped Adidas post an operating profit of 176 million euros ($194 million) in its second quarter, which it said was ...
Opinions expressed by Forbes Contributors are their own. Pam Danziger reports on retail, focused on the luxury consumer market. Deloitte is out with new research that found the urge to splurge is ...
a potential $58 billion white-knight bid as it weighs a rival offer from Canada's Alimentation Couche-Tard Retail & Consumercategory Global luxury sales to fall 2% in 2024, among weakest years on ...
Meanwhile, retail chatter exploded on Stocktwits following the earnings announcement. However, investors gave mixed reactions ...