Unsold Yeezy shoes—designed by controversial rapper Kanye West—earned Adidas more than half a billion in sales earlier this year when the shoemaker opted to sell some of its leftover ...

Background: The end of a hugely lucrative partnership. The Yeezy brand became a defining force in the sportswear industry and an incredibly lucrative cornerstone for Adidas. The partnership ...

Derek Saul has covered markets for the Forbes news team since 2021. Shares of German footwear and apparel giant Adidas slid Tuesday after it disclosed a nine-figure loss after breaking off its ...

FRANKFURT, Germany (AP) — Adidas brought in 400 million euros ($437 million) from the first release of Yeezy sneakers left over after breaking ties with Ye, the rapper formerly known as Kanye ...

For Alim Dhanji, Adidas Canada’s new president ... From SVP of HR to company president With a solid background in international HR, Dhanji’s brings a wealth of experience and knowledge to the new ...

New York (CNN) — Adidas is releasing a second wave of Yeezy shoes into the market as it moves to clear out the inventory of its defunct collaboration with Ye, formerly known as Kanye West.