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ADDYY / The Worst Could be Behind for Adidas After CEO Change

The apparel sector has experienced a push on all fronts for most of 2022 and the current year, as indicated by the expanding apparel readings in the United States ISM manufacturing PMI index. The survey results of the index suggest an accelerated expansion in apparel employment, production, prices, and orders in backlog. Read More

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Posted: Mar 20 2023, 07:01

Author Name: MarketBeat

ADDYY News

By Business Insider
October 27, 2023

Adidas cut ties with Ye a year ago, but the controversies keep coming. Here's a history of the brand's decade-long relationship with Kanye West.

Adidas announced an endorsement deal with Kanye West in November 2013. By 2019, Adidas sales of his Yeezy brand eclipsed $1 billion annually.

By Market Watch
October 27, 2023

Inside Kanye West's troubled Adidas partnership: Tears. Rage. Thrown shoes.

The ending of the partnership between the artist Kanye West, who now goes by Ye, in October 2022 appeared to come after weeks of his comments about Je

By Zacks Investment Research
October 23, 2023

What Makes Adidas AG (ADDYY) a New Buy Stock

Adidas AG (ADDYY) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

By Barrons
October 18, 2023

Adidas' Yeezy Sales Are Still Strong. What Comes Next.

The company expects a full-year operating loss of around €100 million, better than past projections.

By Proactive Investors
October 18, 2023

Adidas ups guidance again as it continues shifting Yeezy stock

adidas AG (OTCQX:ADDYY), the sports clothing retailer, jumped close to 5% in trading on Wednesday after it upped full-year sales and profit guidance a

By CNBC
October 18, 2023

Adidas shares climb after boost from Yeezy sales, guidance raise

Adidas on Tuesday hiked its full-year guidance and posted stronger-than-expected third-quarter earnings, aided by sales of its Yeezy inventory.

By Market Watch
October 18, 2023

Adidas shares climb after boost to guidance, while European markets slip

Adidas shares ADS, +3.81% rose 4% as the company pre-released its third-quarter numbers, reporting a 27% decline in operating profit on a 6% fall in r

By Forbes
October 17, 2023

Adidas Cuts Projected Losses By Over $300 Million After Selling Yeezy Shoes

The apparel and footwear company has sold more than half a billion dollars in Yeezy merchandise this year after ending its partnership with controvers

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