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Egyptian Billionaire Nassef Sawiris’ Adidas Stake Exceeds $2.7 Billion
Business & Opportunities / Richest

Egyptian Billionaire Nassef Sawiris’ Adidas Stake Exceeds $2.7 Billion

April 5, 2024

Adidas, the German sportswear giant, continues to surge on the stock market, with shares up more than 10% […]

Adidas Reports a 2023 Loss as Kanye West’s Fallout Weighs
Business & Opportunities / Entertainment

Adidas Reports a 2023 Loss as Kanye West’s Fallout Weighs

March 13, 2024

Adidas, the German sportswear giant, revealed an annual deficit for 2023 on Wednesday, still dragged down by the […]

Kanye West Accuses Adidas of Selling Fake Yeezy Sneakers
Entertainment

Kanye West Accuses Adidas of Selling Fake Yeezy Sneakers

February 28, 2024

Kanye West, a US musician, has accused Adidas of selling “fake” Yeezy sneakers. West, who appeared to have […]

Darryn Peterson is Now First High School Athlete to Sign NIL Deal with Adidas
Sports

Darryn Peterson is Now First High School Athlete to Sign NIL Deal with Adidas

November 30, 2023

Darryn Peterson, now sixteen years old, has made history by being the first student-athlete to sign a Name, […]

Adidas Signs Its First College Football Athletes
Sports

Adidas Signs Its First College Football Athletes

October 6, 2023

According to Forbes, Adidas has signed two black players who play for the Washington Huskies, Michael Penix Jr. […]

Adidas to Sell Off $1.3 Billion Worth of Remaining Kanye West’s Yeezy Left Over
Business & Opportunities / Entertainment

Adidas to Sell Off $1.3 Billion Worth of Remaining Kanye West’s Yeezy Left Over

May 22, 2023

  Adidas will soon begin selling the $1.3 billion worth of Kanye West’s Yeezy that is still in […]

Adidas Receives Backlash After Releasing Its ‘Pride 2023’ Women’s Swimsuits Modeled By A Man
Business & Opportunities / Sports

Adidas Receives Backlash After Releasing Its ‘Pride 2023’ Women’s Swimsuits Modeled By A Man

May 18, 2023

  Social media users are dragging Adidas after the company launched its “Pride 2023” swimwear collection, advertising bathing […]

Adidas Says Proceeds from the Sale of Kanye West’s ‘Yeezy’ Merchandise Will Go to Charity
Business & Opportunities / Entertainment

Adidas Says Proceeds from the Sale of Kanye West’s ‘Yeezy’ Merchandise Will Go to Charity

May 12, 2023

  Despite severing relations with the controversial musician and fashion designer, German sportswear company Adidas still has a […]

Adidas CEO Says Cutting Ties with Kanye West is Hurting Adidas Sales in North America
Business & Opportunities / Entertainment

Adidas CEO Says Cutting Ties with Kanye West is Hurting Adidas Sales in North America

May 10, 2023

  Adidas announced in March that it expected an operational loss of $728 million. However, on May 5, […]

Shareholders sue Adidas over Its Failed Partnership with Kanye West
Entertainment

Shareholders sue Adidas over Its Failed Partnership with Kanye West

May 1, 2023

  Adidas shareholders filed a class-action lawsuit against the sportswear brand, accusing it of failing to warn investors […]

Adidas CEO Considers a Turnaround Following Kanye West’s Split
Business & Opportunities / Entertainment

Adidas CEO Considers a Turnaround Following Kanye West’s Split

March 12, 2023March 12, 2023

Adidas will lower its 2022 dividend after warning that a rift with the artist formerly known as Kanye […]

Adidas Stuck With Yeezy Gear After Dropping Kanye West
Business & Opportunities / Entertainment

Adidas Stuck With Yeezy Gear After Dropping Kanye West

March 8, 2023

Adidas said Wednesday that it was still deciding what to do with its massive inventory of Kanye West’s […]

Adidas Run Out Of Lionel Messi Shirts Following World Cup Triumph Over France
Sports

Adidas Run Out Of Lionel Messi Shirts Following World Cup Triumph Over France

December 20, 2022

  Adidas have ran out of Lionel Messi shirts in Argentina colours following his country’s World Cup triumph over France. […]

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