Adidas donating Yeezy sales to anti-hate groups. US Jews say that’s making best of bad situation

[ad_1] When Adidas cut ties with Ye, the rapper formerly known as Kanye West, due to his antisemitic comments, it was left with more than $1 billion worth of high-end…

Adidas turnaround gathers pace as Yeezy boosts margins | Retail News Germany

[ad_1] Image Courtesy: https://www.drapersonline.com/ Adidas sales should decline only marginally in 2023, a better result than previously anticipated, the sportswear giant said on Thursday, 3rd August, admitting that the launching…

Controversy over Yeezys boost Adidas revenues to €400 million

[ad_1] After Kanye West and Adidas’ collaboration ended abruptly due to the rapper’s antisemitic and offensive comments, the Yeezy’s shoes have brought €400 million revenue for the German sportswear company.…

If You Thought the Market for Yeezys Was Dead, Think Again

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Adidas generates millions from Yeezy sales – BBC News

[ad_1] By Lora Jones Business reporter, BBC News 3 August 2023, 10:10 BST Updated 4 minutes ago Image source, Getty Images Adidas generated millions from its first “drop” of Yeezy…

Adidas Brings in $437 Million From Selling Yeezy Shoes That Will Benefit Anti-Hate Groups

[ad_1] 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…

Adidas generates millions from Yeezys after Kanye West split

[ad_1] The sportswear giant is selling stockpiles of trainers after its high-profile split with rapper Kanye West. [ad_2] Source link

Kanye West used offensive phrases about Jews, says ex-business partner

[ad_1] A former business partner of Kanye West has alleged that the American rapper used “offensive phrases” about him being Jewish towards him. Alex Klein, a tech entrepreneur, was speaking…

Latest China Test for Western Firms: Consumers Switching to Homegrown Labels

[ad_1] Global consumer brands grappling with a tepid economic recovery in China have another worry: Buyers in the country are turning more to local labels. [ad_2] Source link

Adidas in R1.9bn tax row with SARS | Business

[ad_1] Gallo Images/Fani Mahuntsi German sportswear giant Adidas is at loggerheads with the South African Revenue Service (SARS) over R1.9 billion the tax authority claims it’s owed. Business Day reported…