Sportswear giant Adidas lifted its revenue forecast and cut its expected loss for 2023 on Tuesday, citing Yeezy shoe sales and a stronger core business. The German company said it now expects an ...

Adidas still hasn’t figured out what to do with its $1.3 billion stock of unsold Yeezy sneakers after cutting ties with rapper Kanye West over anti-Semitic remarks last year. CEO Bjorn Gulden outlined ...

If all Adidas had were Anthony Edwards, it could still very well be poised to be the front-runner in basketball shoes for years to come. The 22-year-old Minnesota Timberwolves guard has firmly taken ...

Adidas is suffering some fallout from the company's decision to split with rapper and fashion designer Kanye West. Adidas cut ties with West, known as Ye, in October following antisemitic comments by ...

Add Yahoo as a preferred source to see more of our stories on Google. Adidas once again cut its full-year guidance on Wednesday, as the German sportswear company grapples with the loss of its Yeezy ...

Adidas on Tuesday raised its guidance again, thanks to sales of leftover Yeezy merchandise. The athletics retailer now expects an operating loss of 100 million euros ($105.3 million) for the year, ...

On Thursday (Aug. 3), Adidas announced their fiscal report for the second quarter of 2023, which revealed the company has seen a big bump in money over the last thee months. "We are happy with the way ...

Adidas CEO Bjørn Gulden has firmly eliminated the possibility of the athletics retailer selling Yeezy products without the Yeezy name attached to them. That was floated in November last year, shortly ...

Adidas said Monday initial sales of Yeezy stock following the termination of its partnership with rapper Ye have led it to cut its 2023 loss forecast to €450 million from €700 million. The German ...

Adidas AG, in a reversal, will no longer object to a trademark application filed by the Black Lives Matter Global Network Foundation (BLMGNF) for a logo the sportswear company had previously claimed ...

New Adidas CEO Bjørn Gulden on Wednesday hosted his first call with reporters. Gulden leaned into the company's history and hinted at a shift in the company's direct-sales focus. He also took a few ...