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.

(JTA) — Adidas announced Wednesday that it had sold the last of its Yeezy sneakers, the lucrative footwear line ... euros in ...

In a recent earnings report, the chief financial officer of Adidas confirmed that there are no more Yeezy items in inventory ...

HERZOGENAURACH, Germany >> Adidas sold its last remaining pair of Yeezy sneakers in the fourth quarter, the sportswear brand ...

“There is not one Yeezy shoe left, it has all been sold and that ... reports from January that it is planning to slash up to 500 jobs at its Germany headquarters in a restructuring effort.

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

“I want to confirm that again, not one Yeezy shoe left in our inventory.” Over two years ago, Adidas terminated its partnership with the controversial rapper due to his antisemitic remarks.

According to CFO Harm Ohlmeyer, there is “not one Yeezy shoe left in our inventory ... the company back from doing business. The 500 job cuts are a key to becoming more streamlined, he ...

Adidas announced on March 5 that it had sold the last of its Yeezy sneakers ... for a total of 500 million euros. But Lange said this total accounts only for costs that are “directly product ...

CEO Bjørn Gulden on a call with analysts also confirmed that the company is eliminating up to 500 ... Yeezy sales. According to CFO Harm Ohlmeyer, there is “not one Yeezy shoe left in ...