adidas sells all remaining yeezy sneakers after partnership ends

adidas has made the decision to sell off all remaining Yeezy sneakers after the partnership between the two brands came to an end.

The partnership between adidas and Yeezy, founded by Kanye West, lasted for nearly a decade and produced some of the most highly sought-after sneakers in recent history.

In 2013, adidas and Yeezy first collaborated on a line of sneakers, marking the beginning of a long-term partnership that would go on to produce hundreds of unique designs.

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Adidas sold its last pair of Yeezy sneakers at the end of 2024, marking the end of the lucrative shoe partnership with rapper Ye.

The partnership was ended in October 2022 due to antisemitic rants by Ye, formerly known as Kanye West, which forced Adidas to end the highly profitable partnership.

Adidas has been trying to put the Yeezy affair behind it since the split, pledging to donate part of the proceeds from the sale of remaining Yeezy stock to organizations combating antisemitism.

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The company sold 650 million euros worth of Yeezy sneakers last year, making a profit of around 200 million euros.

Adidas reported it sold 650 million euros worth of Yeezy sneakers last year, making a profit of around 200 million euros.

Adidas has set aside 260 million euros for charitable donations from the proceeds of Yeezy sales, CEO Bjorn Gulden told a press conference.

Of that, 200 million euros is held in a foundation set up by Adidas, while 60 million has already been paid out to charity organizations.

The company started selling off its remaining stock of Yeezy shoes in May 2023, with two gangbuster YEEZY shoe sales in 2023 already and a 2024 drop that will clear the table.

The two YEEZY shoe sales at least partially benefitted charities but also shored up some of Adidas' bottom line, with sales of around €750 million.

For the forthcoming sale of YEEZY sneakers, Adidas is expecting to bring in "sales of around €250 million".

Anything YEEZY footwear-related is always popular, even a couple years after they stopped seeing regular release for various circumstances.

Adidas' 2024 YEEZY drop (or drops) is expected to be just as popular, with the company expecting to sell out the remaining stock.

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Adidas has finally sold its last pair of Yeezy sneakers, marking the end of a long and complicated partnership with Kanye West.

The company sold its last Yeezy sneakers at the end of 2024, after a year of liquidating its stock and donating a portion of the proceeds to organizations combating antisemitism.

Adidas started selling off its remaining Yeezy stock in May 2023, with the goal of donating part of the proceeds to charity.

The company made a profit of around 200 million euros from selling Yeezy sneakers in 2023 and 2024, and has set aside 260 million euros for charitable donations.

Adidas has donated 60 million euros to charity organizations, and has held 200 million euros in a foundation set up by the company.

The company's decision to sell its remaining Yeezy stock was made after Kanye West's antisemitic comments and actions, which Adidas deemed unacceptable and hateful.

Adidas' North America sales fell 2% in 2024 due to lower Yeezy sales, but the company's overall sales increased in other markets.

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The company sold 650 million euros worth of Yeezy sneakers in 2023, and expects to bring in around 250 million euros from the sale of its remaining stock.

Adidas' CEO, Bjorn Gulden, has stated that the company can sell its remaining Yeezy inventory in 2024 for at least the cost price.

The company's decision to sell its remaining Yeezy stock has been a long time coming, with Adidas announcing plans to do so in its 2023 Full-Year Results report.

Adidas has already sold its remaining Yeezy inventory, with the last pair being sold at the end of 2024.

The company's decision to sell its remaining Yeezy stock has allowed it to move on from a complicated and costly partnership with Kanye West.

Adidas' North America sales declined by 2% in 2024 due to lower Yeezy sales, but the company's overall sales increased in other markets.

The company expects to bring in around 250 million euros from the sale of its remaining Yeezy stock, which will be a welcome boost to its bottom line.

Adidas' CEO, Bjorn Gulden, has stated that the company can sell its remaining Yeezy inventory in 2024 for at least the cost price, which is a positive sign for the company's financial health.

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The company's decision to sell its remaining Yeezy stock has been a long time coming, with Adidas announcing plans to do so in its 2023 Full-Year Results report.

Adidas has already sold its remaining Yeezy inventory, with the last pair being sold at the end of 2024.

The company's decision to sell its remaining Yeezy stock has allowed it to move on from a complicated and costly partnership with Kanye West.

Adidas' North America sales declined by 2% in 2024 due to lower Yeezy sales, but the company's overall sales increased in other markets.

The company sold 650 million euros worth of Yeezy sneakers in 2023, and expects to bring in around 250 million euros from the sale of its remaining stock.

Adidas' CEO, Bjorn Gulden, has stated that the company can sell its remaining Yeezy inventory in 2024 for at least the cost price.

The company's decision to sell its remaining Yeezy stock has been a long time coming, with Adidas announcing plans to do so in its 2023 Full-Year Results report.

Adidas has already sold its remaining Yeezy inventory, with the last pair being sold at the end of 2024.

A unique perspective: Cost of Goods Sold