At 4:37 am (0837 GMT), Adidas (OTC: ADDYY) was trading 1.7% up at €217.50. While Q3 sales reached €6.4 billion, reflecting a ...
If you then exclude YEEZY you will see it’s even stronger ... And I think it’s fair to say right now that demand is actually higher than supply and that is, of course, good.
The company ended its partnership with West’s popular Yeezy fashion line and the split reportedly cost both parties hundreds of millions of dollars. A year later, however, Gulden defended West.
BERLIN — In an unexpectedly positive third quarter, during which German sportswear giant Adidas saw 10 percent growth in sales, the company also closed its turbulent chapter on the Yeezy line.
The brand says it has momentum, though some analysts wonder what will follow the current hype around its legacy Terrace ...
Adidas CEO Bjørn Gulden has announced that the fashion brand has settled its two-year legal dispute with Kanye West. Both parties have agreed to close all outstanding matters, with Gulden noting that ...
(Reuters) - Adidas saw strong growth in Greater China in the third quarter, while sales in North America excluding Yeezy shoes were up thanks to improving brand image, the company said on Tuesday. The ...
Adrian Cosby was mostly stone-faced Friday as Miami-Dade Circuit Court Judge Miguel M. de la O read a jury verdict that found him guilty of murdering a teenage high school student four years ago ...
The move isn’t entirely unexpected — in 2023, the company issued releases of Yeezy stock in May and July. Products in those two releases were sold at a profit, but a “significant amount” of the ...
Besides, operating profit for Q3 increased to €598 million, up from €409 million in 2023, which includes a contribution of approximately €50 million from the sale of remaining Yeezy inventory.