Adidas attributed the dip to a Yeezy-related decline. The brand terminated its lucrative partnership with Ye, formerly Kanye ...

After a period of separation, Kanye West and adidas have reached an agreement settling all legal disputes. As previously ...

The end of the partnership left Adidas with Yeezy stock worth over £1bn ... In October 2023, The New York Times reported that Adidas ignored a decade’s worth of West’s alleged objectionable ...

Until the rupture, the Yeezy brand collaboration was a massive hit for Adidas, and the end of the relationship left Adidas with millions of shoes in storage that continue to weigh down its bottom line ...

In the wake of the split, Adidas disposed of over $1.3 billion worth of unsold Yeezy sneakers, which resulted in the ...

Adidas’ chief financial officer Harm Ohlmeyer added that over the past two years, Adidas has donated almost 250 million euros of the Yeezy proceeds ... no plan to find a new Kanye West, or ...

The Yeezy line accounted for about half of Adidas’ total profits before the split, according to analysts. The sportswear company was stuck with some $1.3 billion of unsold Yeezy shoes and ...

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 ...

Gulden later vowed to donate all profits from the remaining Yeezy sales “to the organizations that help us and were harmed by what Ye said.” Meanwhile, West’s partnership with Adidas ...

The company ended its partnership with West’s popular Yeezy fashion line and ... In October 2023, The New York Times reported that Adidas ignored a decade’s worth of West’s alleged ...