Adidas said on Friday its first-quarter numbers came in better than expected, although sales dipped 1% from a year-ago period.
Adidas, which last year ended a lucrative partnership with Ye, the rapper formerly known as Kanye West, gave no update on what it plans to do with its stock of unsold Yeezy shoes.
Adidas, which last year ended a lucrative partnership with Ye, the rapper formerly known as Kanye West, gave no update on what it plans to do with its stock of unsold Yeezy shoes.The Yeezy crisis hit sales in the reported quarter by around 400 million euros , Adidas said, mainly affecting revenue across the North America, Greater China and EMEA regions.Still, Gulden was optimistic about the rest of the year.
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As sales decline, Adidas faces pressure to find Yeezy fixAdidas is set to update investors on Friday about the unsold Yeezy shoes that have put the German sportswear giant in a predicament since it cut ties with Kanye West over his anti-Semitic comments late last year.
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Kanye West and Yeezy Ordered to Pay $300,000 to Brooklyn CreatorKanye West and his fashion brand Yeezy have been ordered to pay more than $300,000 to Brooklyn, New York-based creative Katelyn Mooney.
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Austin weather: Dry Wednesday; risk of severe storms Thursday and FridayCentral Texas is under a Level 1-2 risk of severe weather Thursday and Friday. Zack Shields has more on when and where we could see some storms.
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SEPTA to Offer Extra Service For Friday's Sixers and Phillies GamesFriday will be a big night for Philly sports with the Sixers taking on the Celtics in Game 3 of their 2nd round playoff series and the Phillies taking on the Red Sox. SEPTA is offering extra service to help fans get to the games. Details HERE:
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Meteor shower set to light up the Ohio sky FridaySet your alarm for the wee hours of Friday morning. That's when Northern Ohio will be treated to quite a light show from space.
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SEPTA to Offer Extra Service For Friday's Sixers and Phillies GamesFriday's a big night for Philadelphia sports, and SEPTA is already preparing to help fans make their way to South Philadelphia.
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