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5. 500. An unusually successful mash-up of Adidas's alien-looking Feet You Wear sole and ultra-chunky '90s skate shoes. Among the least obviously Yeezy-looking Yeezy—and for that reason, one.
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adidas announces further release of existing Yeezy products in August. adidas to release existing YEEZY product in May 2023 YEEZY 450 Resin YEEZY SLIDE PURE AND THE YEEZY SLIDE OCHRE YEEZY BOOST 350 V2 BELUGA RF / STEEPLE GREY / SOLAR RED YZY FOAM RUNNER MX SAND GREY featured products YEEZY BOOST 700 YEEZY 500 YEEZY BOOST 350 V2 YEEZY BOOST 380
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What Adidas should do with all its unsold Yeezys is a €1.2bn ($1.3bn, £1bn) question that no one seems to have a very good answer for. The brand is in danger after it cut ties with Kanye West.
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adidas CEO Bjørn Gulden said: "After careful consideration, we have decided to begin releasing some of the remaining adidas YEEZY products. Selling and donating was the preferred option among all organizations and stakeholders we spoke to. We believe this is the best solution as it respects the created designs and produced shoes, it works.
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Losing the highly profitable Yeezy line hit sales in the quarter by around 400 million euros ($441 million), Adidas said during its earnings last week. Currently, the company is embroiled in a.
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Adidas Yeezy (or just Yeezy) was a fashion collaboration between American rapper, designer, and entrepreneur Kanye West [a] and German sportswear company Adidas. It offered sneakers in limited edition colorways, as well as shirts, jackets, track pants, socks, slides, lingerie and slippers.
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Adidas stopped selling Yeezy sneakers in October after terminating its highly profitable agreement with fashion designer and rapper West — now known as Ye — after he made antisemitic remarks.
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Yeezy shoes made by Adidas at Laced Up, a sneaker resale store in Paramus, N.J., on Oct. 25. Seth Wenig / AP file. Cutting ties with Ye cost Adidas hundreds of millions of dollars — contributing.
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Ending the Ye partnership also cost Adidas 600 million euros ($887.7 million Cdn) in lost sales in the last three months of 2022, helping drive the company to a net loss of 513 million euros ($758.
