But demand for his Yeezy sneakers remains high. According to Impossible ... with Ye has been immense. Adidas said on February 9 that it stands to lose over $500 million in operating profits ...

Adidas Yeezy 500 Utility Black Gets a Release Date Adidas Yeezy 500 Utility Black Gets a Release Date A new Adidas Yeezy silhouette is releasing this summer in a popular colorway. Yeezy Boost 700 ...

Adidas said it was still deciding whether to scrap its remaining Yeezy stock and would take a €500m (£443m) hit to its profits if it is all written off. The company also expects a shake-up of ...

At the top of the sneaker game, two iconic brands are facing off: Kanye West’s Yeezy line with adidas and Nike’s ... and resale prices on shoes in the secondary market. Drake and Don C ...

Sales from the Yeezy line were similar to the level seen in the same period in 2022 before the high-profile fallout. Adidas also set aside €110m for charitable donations to the likes of the ...

As stated in the earnings report, the Yeezy shoe stock has shrunk from €500 million to €50 million, and the company plans to ...

It’s part of the business.” The end of the partnership left Adidas with Yeezy stock worth over £1bn. The company decided ...

Adidas is winding down its affiliation with Ye on two fronts — legally and in terms of its dwindling Yeezy inventory. Wholesale in Q3 grew 13% year over year on a currency-neutral basis ...

to decline in the high single digits. The company's financial guidance assumes Adidas doesn't sell the Yeezy inventory. "2023 will be a transition year to build the base for 2024 and 2025," Gulden ...