Adidas announced on March 5 that it had sold the last of its Yeezy sneakers, the lucrative footwear line created ... euros in ...

In addition to ridding itself of that inventory, CEO Bjørn Gulden also confirmed 500 jobs at its headquarters have become “obsolete” as it looks to localize operations.

Adidas has sold its last pair of Yeezy sneakers and a turnaround is in sight after ending its partnership with controversial rapper Ye – but now the sneaker giant is bracing for a sales hit from ...

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 ...

Adidas offloaded its last pair of Yeezys just before the new year. The sportswear company announced during a press conference ...

The company has felt the loss of Yeezy particularly in the United States, where the shoes were popular. In its results on Wednesday Adidas said North America sales fell 2% in 2024, "solely due to ...

Kanye West is slamming Adidas for selling “fake” Yeezy sneakers ... “They’re also not paying me for these shoes that they’re putting out that have my name on it.” ...

Frankfurt, Germany: German sportswear giant Adidas said on Wednesday it will cut up to 500 jobs as it looks to ... Adidas began offloading excess stock of Yeezy products developed together with ...

And it plans to do that without any additional Yeezy sales. According to CFO Harm ... But the headquarters is “not going to decide what shoes we’re going to sell in a city on the other side ...

GERMAN sportswear giant Adidas said on Wednesday (Mar 5) it will cut up to 500 jobs as it looks to continue its revival ... Following the end of the collaboration, Adidas began offloading excess stock ...