Sign In
Buy ADDYY
$93.75
-3.15 (-3.25%)
At Close: Jun 03, 2026
Adidas Shares Plummet As Losses Loom From Stockpile Of Unsold Yeezys Left After Kanye West Breakup
06:11am, Friday, 10'th Feb 2023
“The numbers speak for themselves,” said Adidas CEO Bjørn Gulden, warning the firm could lose $1.3 billion in revenue in 2023 if the Yeezys cant be sold.
Adidas Has a $1.3 Billion Pile of Unsold Yeezy Gear
06:05am, Friday, 10'th Feb 2023
Adidas AG shares slumped after the German shoemaker warned that it's sitting on a 1.2 billion ($1.3 billion) pile of unsold merchandise after terminating its lucrative branding deal with rapper Ye.
Stocks to Watch in Europe: Standard Chartered, Adidas, L'Oreal
03:32am, Friday, 10'th Feb 2023
Bloomberg's Joe Easton has a rundown of the stocks to watch in Europe today including Standard Chartered, Adidas and L'Oreal. Follow Bloomberg for business news & analysis, up-to-the-minute market dat
Adidas could take a $1.3 billion revenue hit if it can't shift its Yeezy stock
03:09am, Friday, 10'th Feb 2023
Adidas could lose around 1.2 billion euros ($1.3 billion) in revenue in 2023 if it is unable to sell its existing Yeezy stock.
adidas: Limited Upside On Weakening Economy
08:22pm, Thursday, 09'th Feb 2023
adidas is a multinational athletic and sports brand, selling apparel, accessories and footwear. We think economic conditions will lead to falling sales and difficulty in moving inventory in 2023. We a
Adidas is still holding a lot of Kanye West's Yeezy gear, and it could cost the company more than $1 billion
03:34pm, Thursday, 09'th Feb 2023
Sneaker maker Adidas AG on Thursday said it could take a big hit to profit and sales should it decide not to sell any of the existing Yeezy products made under a collaboration with megastar Kanye West
Beyoncé's clothing line with Adidas suffers from weak sales
01:50pm, Wednesday, 08'th Feb 2023
Beyoncé's fashion brand Ivy Park is not as profitable as Adidas was hoping. Kanye West's Yeezy streetwear line did much better for the sportswear giant.
Sales of the Ivy Park line decreased 50% in 2022, according to the Wall Street Journal. Adidas recently ended a lucrative deal with Kanye West.
Beyoncé's Ivy Park Adidas Clothing Line Is Reportedly Losing Money For Sportswear Brand
10:23am, Wednesday, 08'th Feb 2023
The brand did just $40 million in sales last year, according to documents obtained by the Wall Street Journal.
Fashion designer Thom Browne plays successful defense against Adidas in suit over stripes
03:34pm, Monday, 30'th Jan 2023
NEW YORK (AP) — Smiling, fashion designer Thom Browne emerged from a New York courthouse Thursday victorious over sportswear giant Adidas in a grand battle over signature stripes.
Adidas says Berlin Fashion Week launch and co-CEO announcements are fake
07:08pm, Monday, 16'th Jan 2023
The Yes Men, an activist group that has a history of creating spoofs to draw attention to corporations, said it was behind the releases.
Adidas loses court battle against fashion designer over stripe design
06:08am, Friday, 13'th Jan 2023
Adidas has lost a court case against New York fashion designer Thom Browne after suing over a stripe design.
Adidas Loses Trademark Lawsuit Against Thom Browne Over Stripe Design
05:44pm, Thursday, 12'th Jan 2023
Adidas “does not own stripes,” a lawyer for Thom Browne said during closing arguments, according to Bloomberg Law.
10 Dividend Stocks To Show The Advantages Of Investing In Individual Stocks Over ETFs
07:15am, Friday, 06'th Jan 2023
ETFs offer a wide range of advantages over selecting stocks individually. These advantages include a broader risk diversification than when investing in individual stocks.
Adidas, Maersk, Nikola among companies with new CEOs in 2023
02:59pm, Thursday, 05'th Jan 2023
2023 has shepherded in new CEOs at some major companies in a variety of industries, including retail, shipping and food. Here are some firms with new chief execs.
