Adidas hosted an earnings report on Wednesday (March 5) when chief financial officer Harm Ohlmeyer revealed that the Yeezy ...
Adidas has sold its last pair of Yeezy sneakers and a turnaround is in ... “Low profile” thinly-soled sneakers and running shoes for everyday wear are some of the new products Adidas is ...
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 ...
"There is not one Yeezy shoe left, it has all been sold and that episode is behind us," Chief Financial Officer Harm Ohlmeyer said, according to Reuters. Adidas cut ties with Ye in 2022 ...
The sale of Adidas’s remaining Yeezy inventory generated about €50 million in the fourth quarter of 2024, boosting the company’s overall revenue to €5.97 billion, up 24 percent from a year ...
“There is not one Yeezy shoe left, it has all been sold and that episode is behind us,” Adidas Chief Financial Officer, Harm Ohlmeyer, said on Wednesday, according to multiple outlet ...
Adidas reported year-end financial results with revenue of €23.7 billion ($25.4 billion, based on current exchange rates), including roughly €50 million ($54 million) from the last stock of ...
Adidas said ... batch of high-end Yeezy sneakers after cutting ties with rapper Ye, formerly known as Kanye West, as the German sportswear brand seeks to unload the unsold shoes while donating ...