adidas AG

adidas AG engages in the design, distribution, and marketing of athletic and sporting lifestyle products. It operates through the following geographical segments: EMEA, North America, Greater China, Asia-Pacific, Latin America, and Other Businesses. The Other Businesses segment includes the activities of the Y-3 label and other subordinated businesses. The company was founded by Adolf Dassler in 1920 and is headquartered in Herzogenaurach, Germany.

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Demand for the shoes, designed by Kanye West, appears to outweigh the controversy surrounding the artist.

Adidas Made More Than $560 Million Off Unsold Yeezy's, Report Says

Last month, Adidas put its unsold Yeezy inventory up for sale. The German sportswear company sold 4 million sneakers within 48 hours, totaling $565 million in sales.

Adidas sells batch of Yeezy shoes for $565M after cutting ties with Kanye West

Adidas has cashed in on surplus Yeezy stock, after terminating its contract with Kanye West last year. The footwear giant received over $560 million in orders for inventory it had originally planned to write off.

With or without Ye, Yeezys sell faster than Adidas can handle

Adidas said it received orders worth more than US$56mln for four million pairs of rapper Kanye West's Yeezy shoes. According to a report in the Financial Times, the German sportswear giant is now “more optimistic” about the future as orders for the first batch could save it from having to take a big write down on the stock.

Adidas makes half a billion dollars from unsold Kanye West shoes

Adidas AG (ADDYY) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

Adidas AG (ADDYY) Moves to Strong Buy: Rationale Behind the Upgrade

The mean of analysts' price targets for Adidas AG (ADDYY) points to a 33.2% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

Can Adidas AG (ADDYY) Climb 33.2% to Reach the Level Wall Street Analysts Expect?

adidas AG (OTCQX:ADDYY) is making progress in reducing the burden left by Kanye West's Yeezy stock after the fashion brand cut ties with the rapper late last year. After making anti-Semitic remarks the German retailer said it had been left with €1.2bln of unsold Yeezy clothing and shoes.

Kanye West excess stock easing for Adidas – analyst

NEW YORK , July 3, 2023 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of adidas AG ("adidas" or the "Company") (OTCMKT: ADDYY).  Such investors are advised to contact Robert S.

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of adidas AG - ADDYY

NEW YORK , June 26, 2023 /PRNewswire/ --  WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of adidas AG (OTC: ADDYY, ADDDF) between May 3, 2018 and February 21, 2023, both dates inclusive (the "Class Period"), of the important June 27, 2023  lead plaintiff deadline in the securities class action commenced by the Firm. SO WHAT: If you purchased adidas securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

ADDYY FINAL DEADLINE TOMORROW: ROSEN, THE FIRST FILING FIRM, Encourages adidas AG Investors to Secure Counsel Before Important June 27 Deadline in Securities Class Action Commenced by the Firm - ADDYY, ADDDF

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz reminds investors of the upcoming June 27, 2023 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who acquired adidas AG (“adidas” or the “Company”) (OTC: ADDYY, ADDDF) securities between May 3, 2018 and February 21, 2023, inclusive (the “Class Period”). If you are a shareholder who suffered a loss, click here to participate. On November 27, 2022, The Wall Street Journal reported that adidas's.

The Law Offices of Frank R. Cruz Reminds Investors of Looming Deadline in the Class Action Lawsuit Against adidas AG (ADDYY, ADDDF)

LOS ANGELES , June 23, 2023 /PRNewswire/ --  Glancy Prongay & Murray LLP ("GPM") announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against adidas AG ("adidas" or the "Company") (OTC: ADDYY, ADDDF). Class Period: May 3, 2018 – February 21, 2023 Lead Plaintiff Deadline: June 27, 2023 If you wish to serve as lead plaintiff of the adidas lawsuit, you can submit your contact information at www.glancylaw.com/cases/adidas-AG/.

ADDYY Investors Have Opportunity to Lead adidas AG Securities Fraud Lawsuit

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A focus on forced labor and enforcement actions to fight against it are “here for some time,” according to a U.S. Customs and Border Protection official.

U.S. companies told to adapt as Washington fights against forced labor in China: ‘It's going to be a very different environment'

PARIS--(BUSINESS WIRE)--Regulatory News: SFL (Paris:FLY), the leader in the prime segment of the Parisian commercial real estate market, announced today that it has signed a seven-year, non-cancellable turnkey lease with German sportswear manufacturer adidas for retail premises in the Galerie des Champs-Elysées, 88 avenue des Champs-Elysées. Adidas is basing itself in the heart of the Champs-Elysées, on the even-numbered side where visitor traffic is highest. It will fit out the some 2,800 sq.m.

SFL Welcomes adidas to the Galerie des Champs-Elysées

Plus a look at working with a financial advisor.

The Latest on Adidas and on Inflation

In a polarised market, UBS has come down on the bullish side for German sportswear brand Adidas AG. “Early signs on brand inflection are here,” reckons UBS, noting the perceived halo effect of its lifestyle offering.

Adidas halo effect sets stage for bullish revival, says UBS

NEW YORK , June 21, 2023 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of adidas AG. Shareholders who purchased shares of ADDYY during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment.

SHAREHOLDER ALERT: The Gross Law Firm Notifies Shareholders of adidas AG of a Class Action Lawsuit and a Lead Plaintiff Deadline of June 27, 2023 - (OTC Other: ADDYY)

NEW YORK , June 19, 2023 /PRNewswire/ --  WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of adidas AG (OTC: ADDYY, ADDDF) between May 3, 2018 and February 21, 2023, both dates inclusive (the "Class Period"), of the important June 27, 2023  lead plaintiff deadline in the securities class action commenced by the Firm. SO WHAT: If you purchased adidas securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

ROSEN, THE FIRST FILING FIRM, Encourages adidas AG Investors to Secure Counsel Before Important June 27 Deadline in Securities Class Action Commenced by the Firm - ADDYY, ADDDF

The German sportswear giant, after a rough 2022, has finally begun to put a clutch of unforced errors behind it. Perhaps the most important: selling off the inventory left behind after the break with Kanye West.

Adidas Stock's Comeback Plan: China, Messi, and No More Yeezy

NEW YORK , June 12, 2023 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of adidas AG (OTC: ADDYY, ADDDF) between May 3, 2018 and February 21, 2023, both dates inclusive (the "Class Period"), of the important June 27, 2023  lead plaintiff deadline in the securities class action commenced by the Firm. SO WHAT: If you purchased adidas securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

ROSEN, A LEADING INVESTOR RIGHTS LAW FIRM, Encourages adidas AG Investors with Losses to Secure Counsel Before Important June 27 Deadline in Securities Class Action Filed by the Firm - ADDYY, ADDDF

Messi's MLS stint contributes to Adidas' growth story that will help it tack on about $10 billion in market value, according to Bernstein analysts.

Messi's Miami Move Could Help Send Adidas Shares Up 30%, Analyst Says

Levi Strauss

Fashion brands from Levi's to Adidas and textile recycling companies don't want to let fast fashion go to waste.

The recycling idea at Levi's, Adidas, Zara to stop trillions in fast fashion from going to waste

Apple

Fending off interest from Saudi Arabia, the American club mobilized the league's biggest sponsors, Apple and Adidas, to bring Argentina's World Cup winner to the U.S.

Lionel Messi Makes a Deal With Inter Miami of MLS---and Apple and Adidas

NEW YORK , June 5, 2023 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of adidas AG (OTC: ADDYY, ADDDF) between May 3, 2018 and February 21, 2023, both dates inclusive (the "Class Period"), of the important June 27, 2023  lead plaintiff deadline in the securities class action commenced by the Firm. SO WHAT: If you purchased adidas securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

ROSEN, LEADING TRIAL ATTORNEYS, Encourages adidas AG Investors with Losses in Excess of $100K to Secure Counsel Before Important Deadline in Securities Class Action Filed by the Firm - ADDYY, ADDDF

The first batch of Adidas' remaining Yeezys went on sale Wednesday and appear to be available through Adidas' app “Confirmed.”

News for adidas AG Stock (ADDYY)