Yeezy fiasco helps push Adidas into loss as US sales continue to fall
Adidas has slumped to a rare annual loss, hit by the fallout from its costly break-up with rapper Ye, falling sales in North America and a huge tax bill.
Source: cnn.com
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Adidas boosts China supply chain efficiency with automated hub
Adidas has teams up with Geek+ to open a new automated distribution centre in Suzhou, China to boost its operational efficiency.
Source: just-style.com
adidas AG (PNK:ADDYY) Q2 2023 Earnings Call Transcript
Operator: Good afternoon, ladies and gentlemen. Thank you for standing by. Welcome, and thank you for joining the adidas AG Q2 2023 Conference Call.
Source: insidermonkey.com
Adidas' $120 Million Charity Donation From Yeezy Sales
Confirmed by the brand in its Q2 earnings call.
Robert Kraft Foundation To Combat Antisemitism Philonise Keeta Floyd Institute For Social Defamation League Anti Defamation League Keeta Floyd Institute Social Change
Source: complex.com
The Pitch - May 2023 | Arnall Golden Gregory LLP
The Pitch newsletter is a monthly update of legal issues and news affecting or related to the music, film and television, fine arts, media, professional athletics, eSports, and gaming...
Source: jdsupra.com
Adidas selling some of the millions of Yeezy shoes it's sitting on
Adidas will sell some of the merchandise from its defunct Yeezy partnership with rapper Kanye West and donate part of the proceeds to international organizations, CEO Bjoern Gulden said on Thursday.
Source: cbc.ca
Adidas to sell some Yeezy stock, donate proceeds: CEO
Adidas will sell some of the merchandise from its defunct Yeezy partnership with rapper Kanye West and donate part of the proceeds to international organizations, CEO Bjoern Gulden said on Thursday.
Source: ctvnews.ca
Adidas to sell off Kanye West products, donate some proceeds to charity
Adidas has billions worth of Yeezy shoes and merchandise sitting in storage from its defunct partnership with Kanye West. Now it is planning to sell some of it off, and the rapper is set to cash in.
Source: brisbanetimes.com.au
Adidas to sell some Yeezy merchandise, donate proceeds
Millions of Yeezy brand shoes worth $1.3bn are in storage as their sale was halted when Adidas cut ties with Kanye West.
Source: aljazeera.com
Adidas to sell off Kanye West products, donate some proceeds to charity
Adidas has billions worth of Yeezy shoes and merchandise sitting in storage. Now it is planning to sell some of it off, and Kanye West is set to cash in.
Source: smh.com.au