Adidas Swamped with $565 Mln in Orders for Unsold Yeezy Shoe

Adidas Swamped with $565 Mln in Orders for Unsold Yeezy Shoes

Adidas got orders worth more than 508 million euros (about $565 million) for 4 million pairs of unsold Yeezy shoes, better than the company's "most optimistic forecast," the Financial Times reported on Monday. Strong demand for the first batch of online sales would potentially save the German sportswear company from having to take a big writedown on its remaining stock, the newspaper said. Adidas stopped selling Yeezy shoes from its defunct partnership with Ye in October after the rapper formerly known as Kanye West made a series of antisemitic comments.

Related Keywords

China , New York , United States , Pennsylvania , Boston , Massachusetts , France , Chinese , French , Kimora Lee Simmons , Paris Hilton , Yasmeen Bekhit , Alison Hilzer , Tahlya Loveday , Casey Lewis , Alix Earle , Bella Hadid , Hilary Duff , Selena Gomez , Jake Bjorseth , Walmart , Boston Consulting Group , Nordstrom , Disney Channel , Mattel Inc , Juicy Couture , Baby Phat , Kristen Classi Zummo , Vestiare Collective , Aliyah Bah , Drawing Room New York Salon ,

© 2025 Vimarsana