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Adidas still doesn't know what to do with $1.3 billion worth of yeezy shoes
FRANKFURT, Germany (AP) — Adidas is still wrestling with how to dispose of 1.2 billion euros ($1.3 billion) worth of Yeezy shoes after its breakup w...
March 8, 2023, 12:24 pm
Adidas ceo promises turnaround after costly yeezy split
BERLIN (Reuters) -Adidas said on Wednesday that it planned to slash its 2022 dividend to 0.70 euros ($0.7374) per share, after a year marked by losses...
March 8, 2023, 11:31 am
Adidas warns of first loss in decades after split with kanye west - as it decides what to do with mountain of unsold yeezy trainers
Adidas has revealed plans for a huge cut to its dividend as it battles the costly fallout from its failed partnership with rapper and fashion designer...
March 8, 2023, 10:07 am
Adidas to slash dividend to 0.70 euros per share after kanye west split
BERLIN (Reuters) -Adidas said on Wednesday that it planned to slash its 2022 dividend to 0.70 euros ($0.7374) per share, after a year marked by losses...
March 8, 2023, 7:06 am
Adidas will slash its dividends as the split with kanye west's yeezy looks set to wipe out $1.3 billion in earnings
The sportswear giant has warned it'll take a $1.3 billion hit to earnings after severing ties with Ye (kanye <...
March 8, 2023, 5:48 am
Adidas warns of first annual loss in three decades and cuts dividend after ye split
Adidas on Wednesday reported a substantial fourth-quarter loss and slashed its dividend, following the costly termination of its partnership with
March 8, 2023, 5:23 am
Adidas slashes dividend as problems mount
A slump in China and a mountain of unsold products are among the challenges facing Adidas after a bruising 2022 in which it dumped its chief executive...
March 8, 2023, 4:18 am
Adidas has its debt rating slashed by s&p as termination of kanye west partnership batters earnings
The sportswear giant issued a profit warning earlier this month, saying it'd lose $1.3 billion from the end of its Yeezy partnership....
February 22, 2023, 5:37 am
Adidas long- and short-term credit ratings downgraded by s&p on concerns after yeezy partnership ended
S&P Global Ratings downgraded its long- and short-term ratings on Adidas AG ADS, -2.39% ADS1, -2.13% ADDYY, -4.85% on Tuesday to A+/A-1 from A-/A-2, c...
February 21, 2023, 12:34 pm
3 salacious celebrities putting these stocks on thin ice
Adidas (OTCMKTS: ADDYY ) said in early February that its operating profit in 2023 would be 500 million Euros ($534.2 million) less than in 2022 due to...
February 21, 2023, 8:06 am
Adidas won't have it yeezy in 2023, but problems extend beyond kanye
“Catastrophic” is the blunt assessment of Adidas AG's 2023 outlook, as given by Saxo Bank's Peter Garnry. Adidas' ...
February 13, 2023, 9:15 am
Adidas says kanye west split could cost company $1.3b as yeezy shoes go unsold
Shares of Adidas fell by as much as 12.6% on Friday after the firm warned it could end the year on a loss for the first time in three decades....
February 10, 2023, 4:10 pm
Adidas stock slumps on expected massive loss if it can't move yeezy inventory
The sportswear company had created Yeezy through a partnership with rapper and businessman Ye, formerly known as ...
February 10, 2023, 9:09 am
: adidas is still holding a lot of kanye west’s yeezy gear, and it could cost the company more than $1 billion
Sneaker maker Adidas AG on Thursday said it could take a big hit to profit and sales — potentially driving it to a loss this year. Read Full Story T...
February 10, 2023, 8:39 am
Adidas warns kanye west association could cost it €500mln
Global sportswear manufacturer Adidas has said ending its partnership with kanye West will hit profits ...
February 10, 2023, 6:47 am
Adidas shares plummet as losses loom from stockpile of unsold yeezys left after kanye west breakup
“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 ...
February 10, 2023, 6:11 am
Adidas is still holding a lot of kanye west's yeezy gear, and it could cost the company more than $1 billion
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 m...
February 9, 2023, 3:34 pm
Beyoncé's clothing line with adidas suffers from weak sales
Beyoncé's fashion brand Ivy Park is not as profitable as Adidas was hoping. kanye West's Yeezy streetw...
February 8, 2023, 1:50 pm
Beyoncé's line with adidas is reportedly struggling, driving home the challenge of filling the $2 billion gap left by kanye west's yeezy line
Sales of the Ivy Park line decreased 50% in 2022, according to the Wall Street Journal. Adidas recently ended a lucrative deal with ...
February 8, 2023, 1:43 pm
kanye west, kim kardashian finalize divorce settlement
and ‘s divorce was finalized on Tuesday, November 29, nearly two years after filing for divorce. Read Full Story The post ...
December 3, 2022, 9:00 pm
