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Revenue was about 750 million euros in 2023, and 650 million euros in 2024, for a total of 1.3 billion euros, or about $1.4 billion. A pair of Yeezy shoes are seen in a Foot Locker store on the ...
Adidas announced Wednesday that it had sold the last of its Yeezy sneakers ... Revenue was about 750 million euros in 2023, and 650 million euros in 2024, for a total of 1.3 billion euros ...
And it plans to do that without any additional Yeezy sales. According to CFO Harm ... and sees opportunities to pick up market share while Nike works through its challenges. “ ...
On Wednesday (March 5), the Germany company announced that it had sold the last of its Yeezy kicks in 2024, putting an official end to Ye's partnership. "There is not one Yeezy shoe left ...
Adidas said Wednesday that all of the inventory associated with the sportswear brand’s collaboration with Kanye West, popularized by the Yeezy sneaker, has been sold. The rapper inked a ...
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 ...
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.
And while Nike is the market leader in the US, the company says it has a "clear ambition" of being the top sportswear brand across all other markets. Last month, West's Yeezy online shopping ...
The sale of the remaining Yeezy inventory, which was successfully concluded during the fourth quarter, generated revenues of ~€650 million in the year, compared to ~€750 million in 2023. In euro terms ...
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 ...
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.
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