Excluding Yeezy transactions, direct-to-consumer (DTC) revenues saw a 16% uplift, culminating in an overall 11% revenue growth. On a regional scale, adidas achieved a 19% currency-neutral net ...
Adidas AG (OTC: ADDYY) saw a 19% rise in currency-neutral Q4 sales, reaching €5.97 billion. The boost was fueled by robust footwear and apparel demand, as well as the sale of Yeezy inventory, ...
After a solid growth year, Adidas ... is “not one Yeezy shoe left in our inventory.” The specter of Yeezy will linger a while longer, though, as the company expects lower revenue growth ...
Adidas on Wednesday reported an uptick in fourth-quarter sales that exceeded expectations, as the retailer sold off its last remaining Yeezy stock.
In their earnings report, Adidas revealed their efforts to terminate the entire Yeezy collaboration were successful, despite the company losing revenue in the United States throughout 2023 and 2024.
The German sportswear giant that broke ties with Ye over his antisemitism is donating 250 million euros it made from liquidating the rapper’s sneaker line. Adidas announced Wednesday that it had ...
Hip-hop and sneakers have always been intertwined, but today, many artists are landing collaborations with major brands.
Adidas sold the last of its Yeezy inventory in the fourth quarter, the company said in a Wednesday earnings release. The merchandise generated 650 million euros ($705 million) in revenue and 200 ...