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 ...

Adidas says it stopped production of Yeezy products as well as payments to Ye and his companies back in October — adding that the German company does not tolerate antisemitism or other types of ...

In its statement, Adidas said that it would “end production of Yeezy branded products, and stop all payments to Ye and his companies. Adidas will stop the Adidas Yeezy business with immediate ...

Adidas CEO Bjørn Gulden — who has been wrestling for months over what to do with the company’s piled-up Yeezy inventory — suggested on Thursday that it might be sold. Since breaking ties ...

Flash forward 10 years, and Adidas’ net sales have grown by less than $5 billion, the brand is projecting its first annual loss in three decades and its Yeezy partnership is dead, leaving Adidas ...

Ready or not, adidas is beginning a new era — now. The long-running YEEZY partnership between the brand and Ye (FKA Kanye West) was officially terminated on October 25 after being placed ...

Adidas’ business has been hurt by the loss of Kayne West’s Yeezy brand, the sports apparel giant said Friday while announcing its earnings result for the first quarter of 2023, highlighting ...

LONDON — Adidas said Wednesday that it’s donated or is planning to give away more than $150 million to groups fighting antisemitism and other forms of hate from the sales of Yeezy shoes last ...

Adidas has warned its unsold Yeezy stockpile could wipe out profits for the first time in three decades amid its breakup with Kanye West following his anti-Semitic rants. The retail giant's ...

The company expects annual revenues to increase at a “high single-digit” rate in 2025, which is lower than last year’s 12% ...