Adidas CEO Bjorn Gulden warned that President Trump’s import tariffs could worsen inflation and force consumers to cut back ...
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 ...
In addition to ridding itself of that inventory, CEO Bjørn Gulden also confirmed 500 jobs at its headquarters have become ...
Adidas reported it sold €650m worth of Yeezy sneakers last year, making a profit of around €200m. The year before, Adidas made €750m in revenue from Yeezy inventory, generating €300m in ...
Adidas sold its last remaining pair of Yeezy sneakers in the fourth quarter, it said on Wednesday, ending the process of ...
Adidas sold its last remaining pair of Yeezy trainers in the fourth quarter, ending the process of liquidating stock of the lucrative shoe line developed with rapper Ye, whom the sportswear brand ...
Adidas has sold the last remaining pair of Yeezy trainers - more than two years after cutting ties with Kanye West. The sportswear giant distanced itself from the US rapper after he made a slew of ...
Adidas has sold the last remaining pair of Yeezy trainers- more than two years after cutting ties with controversial musician ...
Gulden, who has led a successful turnaround at Adidas since the end of its Yeezy collaboration with rapper Ye, noted risks to consumer demand. Further U.S. tariffs on imports would boost inflation ...
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