Adidas warns of falling sales in North America as it continues to sell off Yeezy inventory

Adidas shoes are displayed at a DSW store on January 31, 2024 in Novato, California.  Justin Sullivan | Getty Images Adidas on Wednesday warned of a sales decline in its overstocked North American market in 2024, as the German sportswear brand continues to sell off its remaining Yeezy inventory. Currency-neutral sales in North America are … Read more

Kanye West Accuses Adidas of ‘Rape’ For Selling Unapproved Yeezy Sneakers

Play video content Instagram / @kanyewest Kanye West’s beef with Adidas is far from finished, despite the fact he recently posted a shot with its CEO Bjorn Gulden — making it seem like the cold war had thawed, but now he’s accusing the company of creative “rape.” On Monday, instead of celebrating his “Vultures 1” … Read more

Kanye West Launches Yeezy Pods After Apology For Anti-Semitic Remarks

Controversial rapper Kanye West has debuted new footwear for his Yeezy brand called the Yeezy Pods. The ex-billionaire and fashion mogul had previously informed fans that the socks would soon be available and called it the “foldable future of footwear.” Since the unveiling of the footwear, fans have slammed its $200 price, saying it’s too … Read more

Adidas shares climb after earnings powered by Yeezy inventory sales

Shoes are offered for sale at an Adidas store in Chicago, Feb. 10, 2023. Scott Olson | Getty Images Adidas on Tuesday hiked its full-year guidance and posted stronger-than-expected third-quarter earnings, aided by sales of its Yeezy inventory. The German sportswear giant, in surprise preliminary estimates release, projected a full-year operating loss of 100 million … Read more