Footwear News on MSN8d
Adidas CEO Confirms Company Will Cut 500 ‘Obsolete' Jobs in Effort to Reduce Operational ‘Complexity'
The news comes the same day the German sportswear giant Adidas did much better than it had expected to in 2024.
Adidas Originals' New Campaign Focuses on Individuality
The German sports company is "pushing the edges" of the heritage-based subbrand with the new marketing initiative.
Adidas sells off last Yeezy sneakers — as it braces for sales hit from Trump’s tariffs
Adidas CEO Bjorn Gulden warned that President Trump’s import tariffs could worsen inflation and force consumers to cut back ...
Adidas sells last pair of Yeezy sneakers, ends process of liquidating stock
Adidas has been trying to put the Yeezy affair behind it since antisemitic rants by Kanye West forced it to end the ...
adidas Celebrates Getting Rid Of All Their Yeezy Inventory Following $250M Split From Kanye West
After severing ties with controversial anti-Semitic rapper and producer Kanye West in late 2022, apparel giant adidas has ...
Retail Dive6d
Adidas: There is ‘not one Yeezy shoe left in our inventory’
In addition to ridding itself of that inventory, CEO Bjørn Gulden also confirmed 500 jobs at its headquarters have become ...
US Weekly on MSN7d
Adidas Sold Final Pair of Yeezy Shoes More Than 2 Years After Cutting Ties With Kanye West
Adidas has announced that they had officially sold the final pair of Yeezy shoes after cutting ties with Kanye West in 2022 ...
Adidas Gets Rid of Final Kanye West Inventory: ‘Not One Yeezy Shoe Left’ and ‘That Episode Is Behind Us’
Adidas confirmed the complete liquidation of Kanye West's Yeezy stock, stating in an earnings call, 'that episode is behind ...
Adidas Has Sold Its Last Yeezy Sneaker
The sportswear maker was eager to put the scandal with the rapper Ye behind it, but its cautious earnings forecast showed the ...
Adidas finally sold its last Yeezys – so why did it take more than two years to cut Kanye loose?
Adidas has officially severed its ties with controversial rapper and designer Ye, formerly known as Kanye West, after selling ...
Possibility of Global Trade War Overshadows Adidas Turnaround
The German sportswear giant reported better-then-expected growth of 12 percent in 2024. But Adidas executives remained ...
Morningstar8d
Adidas’ Status as a Leading Global Sportswear Brand Holds Despite Turmoil and External Challenges
Adidas’ e-commerce gives the company greater control over its brand and pricing. The firm has increased its digital capabilities and cut wholesale accounts. Adidas’ e-commerce sales were about ...