adidas faces significant inventory challenges, exacerbated by the fallout from Kanye West's anti-Semitic remarks and the potential resumption of the US port strike. The company's high forward P/E ...

German sportswear company Adidas performed better than expected in 2023 as it logged an operating profit of €268 million ($289 million), according to preliminary figures released on Wednesday. While ...

The first sale of remaining Yeezy inventory brought hundreds of millions of dollars in revenue for German sports apparel maker Adidas. The company said Thursday revenue from the release, which ...

adidas AG has successfully reduced its excess Yeezy inventory, but earnings have yet to recover. Q3 2023 earnings show a decline in gross profit and net sales in Europe and North America. In spite of ...

Earlier this month, it was revealed that Adidas has over $1.3 billion of unsold product from their partnership with Kanye West. In a conference, Adidas CEO Bjorn Gulden said that “options are ...

More of the outstanding Yeezy inventory that Adidas is looking to part ways with will soon go on sale. Adidas revealed Friday that beginning next week, it would put more of the popular shoe designs ...

After multiple successful sales of its leftover Yeezy product, Adidas on Wednesday said it no longer plans to write off any of the remaining inventory and will instead sell the product “at least at ...

This story was originally published on Retail Dive. To receive daily news and insights, subscribe to our free daily Retail Dive newsletter. Adidas sold the last of its Yeezy inventory in the fourth ...

Adidas on Friday confirmed it would release more Yeezy inventory in August, and will continue to donate “a significant amount” of the proceeds to organizations combating hate, according to a press ...

Adidas posted its first annual loss in more than three decades on Wednesday, and warned that US sales will drop this year as the German sportswear giant continues selling off its remaining Yeezy ...

Adidas AG ADDDF ADDYY reported a Q2 revenues decline of 4.5% Y/Y to €5.34 billion, with currency-neutral revenues remaining flat Y/Y. Revenues were impacted by a reduction in high inventory levels, ...

Adidas' split from rapper Ye, formerly known as Kanye West, could cost the company some big bucks. The German sportswear company said Thursday that it could lose about $1.3 billion in revenue in 2023 ...