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Adidas is releasing a second wave of Yeezy ... in revenue this year because it was unable to sell the designer’s Yeezy clothing and shoes. But strong sales so far of leftover Yeezy inventory ...
Adidas had previously said it expects to lose $1.3 billion in revenue this year because it’s unable to sell the designer’s Yeezy clothing and shoes. It had been under pressure from investors ...
The company warned Thursday that it’s expected to lose $1.3 billion (1.2 billion euro) in revenue this year because it’s unable to sell the designer’s Yeezy clothing and shoes. Adidas ended ...
Khristopher J. Brooks is a reporter for CBS MoneyWatch. He previously worked as a reporter for the Omaha World-Herald, Newsday and the Florida Times-Union. His reporting primarily focuses on the U ...
The shoe and sports clothing company ... Two earlier releases of Yeezy shoes helped Adidas narrow its annual loss forecast. AP The announcement from Adidas comes at a time of rising antisemitism ...
A lack of Yeezy products will also reduce operating ... Its stock has fallen 45% since the beginning of this year. Adidas ended its clothing-and-shoe deal with West, who now goes by Ye, last ...
"Adidas made up the Yeezy day idea without my approval," Kanye ... "We sold 14 million dollars worth of the perfect black hoodie at 80 dollars a hoodie off of a television commercial that was ...
So what we do here is, I’ve cut up 100 hoodies. From Yeezy, from Balenciaga, from stuff we did with Gap, from stuff we did with Adidas, and everything we do is gonna cost $20,” said West ...
Image “Losing the Yeezy business is so hard,” Bjorn Gulden, the Adidas chief executive ... left the company with a mound of sneakers and clothing, resulting in potential losses of €1.2 ...
The sale of Adidas’s remaining Yeezy inventory generated about €50 ... The severed contract also left Adidas with mountains of sneakers and clothing, and potential losses of €1.2 billion ...
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