In 2023, Adidas had made €750 million in revenue from its "Yeezy" inventory alone ... resume its commercial battle with American rivals Nike. According to data cited by the dpa news agency ...
For the year, Adidas generated revenue of around €650 million ($696 million) from Yeezy, down from €750 million ($803 million ... In contrast, Nike shares are down 34% during the same period.
For the year, Adidas generated revenue of around €650 million ($696 million) from Yeezy, down from €750 million ($803 million ...
DETROIT – Several pairs of Nike and Yeezy sneakers were stolen from a Detroit Police precinct’s locker room over the course of months, police said. Now, one officer is facing charges.
Adidas reported it sold 650 million euros ($696 million)worth of Yeezy sneakers last year, making a profit of around 200 million euros. That is down from the year before, when Adidas made 750 ...
Since taking the helm in 2023, Gulden has helped Adidas gain market share from struggling rival Nike and recover after Kanye West’s antisemitic outbursts destroyed their Yeezy collaboration.
Goodbye and good riddance is the mantra adidas can finally adopt now that the German sportswear brand has revealed it has sold its last YEEZY sneaker. Officially clearing out all of its YEEZY ...
The year before, Adidas made 750 million euros in revenue from Yeezy inventory, generating 300 million euros in operating profit. The company has set aside 260 million euros for charitable ...
The sale of Adidas’s remaining Yeezy inventory generated about €50 million in the fourth quarter of 2024, boosting the company’s overall revenue to €5.97 billion, up 24 percent from a year ...
After cutting ties with Kanye West following the rapper’s abhorrent antisemitic comments in October 2022, Adidas has finally offloaded the last of its Yeezy stock. “There is not one Yeezy shoe ...
Nike is in a major slump. The company’s global sales dropped 9% last quarter, including a 17% drop in China, Nike said Thursday. In North America, Nike’s largest market, sales dropped 9%. But ...