Continuing a recent winning streak, Adidas on Tuesday announced preliminary ... including 50 million euros from the sale of the remaining Yeezy inventory. Even without the impact of Yeezy, the ...

Sportswear company ended partnership with musician’s Yeezy fashion line in 2022 after he was accused of making antisemitic ...

In 2023, Adidas started to clear house on its remaining stock of Yeezys. The company brought in around $437 million its first sale of the leftover sneakers. A portion of the proceeds benefitted ...

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 saw strong growth in Greater China in the third quarter, while sales in North America excluding Yeezy shoes were up thanks to improving brand image, the company said on Tuesday.

The brand's operating profit surged from €409m to €598m, bolstered by around €50m from the partial sale of its remaining Yeezy inventory. This growth has prompted Adidas to revise its full ...

Adidas has reached an out-of-court settlement with Kanye West - known as Ye - ending all legal proceedings between them, the ...

adidas, a German maker of athletic shoes and apparel, has reported a substantial 7.3% growth in net sales, reaching €6.43bn ...

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 ...

Adidas also reached a settlement with rapper Kanye West, who goes by Ye, during the third quarter to end a series of legal ...