Chief financial officer Harm Ohlmeyer revealed that the Yeezy stock has run dry during Wednesday's earnings report.
Adidas has announced that they had officially sold the final pair of Yeezy shoes after cutting ties with Kanye West in 2022 ...
A pair of Yeezy shoes are seen in a Foot Locker store on the day Adidas terminated its partnership with the American rapper and designer Kanye West, now known as Ye, in Garden City, New York, US, ...
Adidas confirmed the complete liquidation of Kanye West's Yeezy stock, stating in an earnings call, 'that episode is behind ...
The company has felt the loss of Yeezy particularly in the United States, where the shoes were popular. In its results on Wednesday, Adidas said North America sales fell 2% in 2024 "solely due to ...
"There is not one Yeezy shoe left,” said Adidas chief financial officer. “It has all been sold and that episode is behind us" ...
Adidas sold its last remaining pair of Yeezy sneakers in the fourth quarter, it said on Wednesday, ending the process of liquidating stock of the lucrative shoe line developed with rapper Ye, whom the ...
Adidas has been trying to put the Yeezy debacle behind it since public antisemitic rants by Ye, formerly known as Kanye West, forced it to end the profitable partnership.
The brand began liquidating its remaining stock of Yeezy shoes in May 2023, pledging to donate part of the proceeds to organizations against antisemitism, including the Anti-Defamation League.
After cutting ties with Kanye West following the rapper’s abhorrent antisemitic comments in October 2022, Adidas has finally offloaded the last of its Yeezy stock. “There is not one Yeezy shoe ...
"There is not one Yeezy shoe left, it has all been sold and that episode is behind us," Adidas Chief Financial Officer, Harm Ohlmeyer, said on Wednesday, according to multiple outlets. However ...