Adidas forecast it may have to write off the remaining 300 million euros ($320 million) worth of Yeezy shoes left unsold after it cut ties with rapper Ye, formerly known as Kanye West. The company ...
Significantly high institutional ownership implies adidas' stock price is sensitive ... to understand the ownership structure of the business. With 48% stake, institutions possess the maximum ...
It also left Adidas facing a number of conundrums. In addition to having to deal with a class-action lawsuit from investors, who claim they ought to have disclosed the risk the 'toxic' business ...
Emphasizing that harmonious Sino-US business ties contribute to the growth of US companies operating in China, Nathaniel Madarang, president for the Asia-Pacific region at Good-year Tire & Rubber ...
In addition to reporting from the musical lens, McClay will also keep an eye on Beyoncé's many business endeavors. "Her evolution as a businesswoman is worth a look," McClay wrote. "Coming off her ...
Las Vegas’ The Sphere, a newly-unveiled high-tech performance venue, is on the lookout for its second chapter. Currently, U2’s highly-successful U2:UV Achtung Baby Live at Sphere residency is ...
where they agreed to establish a dialogue on export controls and a working group on boosting business ties, the ministry said on Thursday. Wang also discussed with Nishimura China's application to ...
But to put a ring on Beyonce’s finger to seal the deal, her team is asking for about $10 million to produce the diva’s high-tech stage show, a source said — roughly the same amount of money ...
from the initial setup phase through to full business operation. He also assured that ESIPO’s aftercare services will diligently follow up to ensure the sustained success of these investments.
Adidas said on Wednesday it has raised another 350 million euros ($374 million) from the latest sell-off of Kanye West's Yeezy shoes that it was saddled with after ending a tie-up with the rapper.
Adidas said in its third-quarter earnings Wednesday that it is considering cutting its losses and writing off its remaining $320 million in Yeezy sneakers. This comes a week after reports that ...
A sign advertises Yeezy shoes made by Adidas on Oct. 25, 2022, at Kickclusive, a sneaker resale store, in Paramus, N.J. The shoe and sports clothing company, which cut ties with Ye in October 2022 ...
