bloomberg.com/news/articles/2023-02-09/adidas-says-losses-may-hit-700-million-this-year-amid-ye-row
"Adidas’s New CEO Has a $1.3 Billion Pile of Unsold Yeezy Gear"
Its hella weird how a company can take 200 million out of an employee’s bank account then turn around and still sell items with that employee’s name on it.
•Cost of unsold Yeezy inventory could wipe out profit
•Decision pending on whether to write off stock entirely
•Possibility of first loss since 1992
•Shares fall as much as 12.6%
https://www.reuters.com/business/retail-consumer/adidas-forecasts-high-single-digit-sales-decline-2023-2023-02-09/
•Cost of unsold Yeezy inventory could wipe out profit
•Decision pending on whether to write off stock entirely
•Possibility of first loss since 1992
•Shares fall as much as 12.6%
https://www.reuters.com/business/retail-consumer/adidas-forecasts-high-single-digit-sales-decline-2023-2023-02-09/
•Cost of unsold Yeezy inventory could wipe out profit
•Decision pending on whether to write off stock entirely
•Possibility of first loss since 1992
•Shares fall as much as 12.6%
Yea write that stock off, I’ll take the 10.5s off your hand
I really don't think it as simple as they were tryna make out to just sell without yeezy brand.. maybe they own the designs but i feel like it's more complicated than that...
It's outrageous if they really discard all these good shoes. At least give them away there's people who can barely afford shoes even in America.and enough waste in fashion already. But fake performative moralism in 2023 mean that's the right thing to many... f*** the planet if someone said something bad right
This popped up on my timeline
Doubt it
This popped up on my timeline
Can't be true
This popped up on my timeline
I been knew this but F***ING HELL WE LOST
This popped up on my timeline
If this actually works out and he becomes a billionaire again, he is officially untouchable. Wild.
If y’all ever decide to buy 700 V2 Statics
Make sure they are the MADE IN CHINA 2018 version
Not the MADE IN INDIA 2021/2022 version
The India version might as well be reps, they don’t even feel like the real shoe
And yes my India oncs are authentic, I’ve had 6 pairs at this point.
Made In China is superior in everyway
If y’all ever decide to buy 700 V2 Statics
Make sure they are the MADE IN CHINA 2018 version
Not the MADE IN INDIA 2021/2022 version
The India version might as well be reps, they don’t even feel like the real shoe
And yes my India oncs are authentic, I’ve had 6 pairs at this point.
Made In China is superior in everyway
Just checked and my pair is made in India
F***
YE WHY DID YOU HAVE TO DESTROY EVERYTHING BY BEING AN ANTI-SEMITE