Adidas discontinued the collection at the time and started selling off Yeezy stock at wholesale prices. However, on Tuesday, the firm said it had reached a settlement with Mr West to end all legal ...
In newly-filed accounts with Companies House, Adidas said the drop was because of a £88m fall in its wholesale turnover and ...
Adidas' wholesale business, revenue made by selling product through third-party retailers, grew 13% in the third quarter, while direct to consumer sales grew 7%. The company's gross margin increased ...