Adidas has about 1.2bn euros (£1bn; $1.3bn) worth of Yeezy shoes sitting in storage. Mr Gulden said the firm had decided to sell some of the merchandise, instead of donating it, because it did ...

Thus, after this surprise Yeezy reboot, fresh new fashion wear may ... Meanwhile, fans clamored for Ye to stick to his February 9 ‘Vultures’ release date even as signs hinted at a possible ...

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 ...

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.

Excluding Yeezy sales from both this year and last, currency-neutral revenue grew 14% in Q3, according to a company press release. Gross margin also increased 2 percentage points in the quarter ...

On December 2 nd, Footwear News will honor Kanye West with the “Shoe Of The Year Award", acknowledging the success and cultural imprint of his Adidas Yeezy Boost. “The sneaker releases ...