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

Alison Fok, an analyst from DBS, maintained the Hold rating on adidas AG (0OLD – Research Report). The associated price target remains ...

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.

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

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

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 ...

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 ...

Adidas saw strong growth in Greater China in the third quarter, while sales in North America excluding Yeezy shoes were up on ...

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-year ...