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.

Earnings data Q1 2021

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The sportswear brand is backing the Chinese government's sports and cultural projects in a bid to reverse its decline in an increasingly competitive market.

Adidas Seeks Redemption in China

Adidas will start offloading its Yeezy stock worth $1.3 billion at the end of May. The company plans to donate proceeds to nonprofits including one run by the sister of George Floyd.

Adidas will finally start to move its $1.3 billion mountain of unsold Yeezy sneakers within days

Adidas has announced it will start selling some of the shoes from its defunct Yeezy partnership with Kanye West at the end of this month.

Adidas reveals when it will sell leftover shoes from Kanye West partnership

The German sportswear maker cut ties with Kanye West last year after the rapper made several antisemitic comments.

$1.3 Billion Worth Of Remaining Yeezy Sneakers Will Start Selling This Month, Adidas Announces

Adidas AG plans to start selling off its inventory of Yeezy shoes to raise money for charity by the end of May, seven months after yanking the shoes, the company ADS, -3.30% said on Friday.

Adidas to start selling $1.2 billion worth of Yeezy shoes to raise money for charity at end of May

The value of Yeezy shoes in the resale market has rocketed since Adidas stopped producing them.

Adidas to start selling Yeezy shoes at the end of May

German sportswear brand says antiracism groups will receive donations after it ended its partnership with rapper Kanye West.

Adidas to Resume Sales of Yeezy Sneakers Within Days

Adidas ended its partnership with Ye, formerly known as Kanye West, after he made a string of hateful and antisemitic remarks.

Adidas will sell existing Yeezy items, donate some revenues

A swimsuit labeled under "Women's" on Adidas' website, appears to be modeled by a male, who has apparent chest hair and a bulge in the photos.

Adidas ‘Pride 2023' women's swimsuits appear to be modeled by a man

NEW YORK , May 15, 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 NOTICE: ROSEN, NATIONALLY REGARDED INVESTOR COUNSEL, Encourages adidas AG Investors to Secure Counsel Before Important Deadline in Securities Class Action Filed by the Firm - ADDYY, ADDDF

Did you lose money on investments in adidas?  If so, please visit adidas AG Shareholder Class Action Lawsuit or contact  Peter Allocco at (212) 951-2030 or pallocco@bernlieb.com to discuss your rights.

ADIDAS AG (OTC PINK: ADDDF, ADDYY) SHAREHOLDER CLASS ACTION ALERT: Bernstein Liebhard LLP Reminds Investors of the Deadline to File a Lead Plaintiff Motion in a Securities Class Action Lawsuit Against adidas AG (OTC PINK: ADDDF, ADDYY)

Adidas has decided what it's going to do with its unsold Yeezy merchandise.

Adidas will sell Yeezy shoes after all

Instead of burning excess Yeezy inventory, Adidas plans to sell some of it and donate the money to charity.

Adidas will sell some leftover Yeezy inventory instead of burning it, CEO says

Adidas has finally disclosed what it's going to do with its millions of unsold pairs of Yeezy shoes left over after the brand dissolved its deal with rapper and designer Kanye West last year.

Adidas finally reveals its plan for millions of unsold Yeezy shoes: sell them for charity

€1.2bn worth of footwear in storage since company cut ties with Kanye West after his antisemitic remarks

Adidas plans not to destroy unsold Yeezy stock but sell it off for charity

Adidas CEO Bjørn Gulden suggested that part of the company's unsold Yeezy inventory could be sold, while the rest may be donated to organizations.

Adidas CEO suggests Yeezy apparel piled up in warehouses could be sold

The sportswear brand ended its partnership with Kanye West last year over the rapper's antisemitic comments, leaving it with more than $1 billion worth of unsold stock.

Adidas to Sell Yeezy Sneakers, Donate Proceeds to Charity

Adidas plans to auction off an estimated €1bn of unsold Yeezy trainers and donate the gains to charity. The German sportswear giant's chief executive, Björn Gulden, informed shareholders of the plans at today's annual shareholder meeting Last autumn it cancelled its Yeezy contract with Kanye West, known as Ye, on the back of the rapper's string of anti-Semitic rants and Nazi-sympathising rhetoric.

Adidas to sell €1bn of unsold Yeezy shoes and donate to charities

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”) 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 purchased or otherwise 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 suffered a loss on your adidas investments or would like to inquire about potentially pursuing claims to.

Glancy Prongay & Murray LLP Reminds Investors of Looming Deadline in the Class Action Lawsuit Against adidas AG (ADDYY, ADDDF)

Since cutting ties with Ye, the artist formerly known as Kanye West in October, the company expects to clock an operating loss upwards of 700 million euros ($772 million) in 2023 due to the unsold stock of Yeezy footwear.

Why Adidas $770 Million Yeezy Problem Isn't Going Away

NEW YORK , May 9, 2023 /PRNewswire/ -- The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of adidas AG (OTC Other: ADDYY) alleging that the Company violated federal securities laws. Class Period: May 3, 2018 to February 21, 2023 Lead Plaintiff Deadline: June 27, 2023 No obligation or cost to you.

ADDYY ALERT: The Klein Law Firm Announces a Lead Plaintiff Deadline of June 27, 2023 in the Class Action Filed on Behalf of adidas AG Shareholders

A leading shareholder in Adidas is going to ask the apparel maker to disclose the results of its internal investigation into its handling of misconduct allegations against Kanye West, a report says.

Adidas to be asked by leading investor to disclose Yeezy probe: report

BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith reminds investors of the upcoming June 27, 2023 deadline to file a lead plaintiff motion in the case filed on behalf of investors who purchased adidas AG (“adidas” or the “Company”) (OTC: ADDYY, ADDDF) securities between May 3, 2018 and February 21, 2023, inclusive (the “Class Period”). Investors suffering losses on their adidas investments are encouraged to contact the Law Offices of Howard G. Smith to discuss their legal rights in.

Deadline Reminder: Law Offices of Howard G. Smith Reminds Investors of Looming Deadline in the Class Action Lawsuit Against adidas AG (ADDYY, ADDDF)

NEW YORK , May 7, 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. 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 Deadline in Securities Class Action Filed by the Firm - ADDYY, ADDDF

Adidas AG (OTCQX:ADDYY) Q1 2023 Earnings Conference Call May 5, 2023 9:00 AM ET Company Participants Sebastian Steffen - SVP, IR Bjorn Gulden - CEO & Head, Global Brands Harm Ohlmeyer - CFO Conference Call Participants Erwan Rambourg - HSBC Simon Irwin - Crédit Suisse Adam Cochrane - Deutsche Bank Piral Dadhania - RBC Capital Markets Zuzanna Pusz - UBS Cedric Lecasble - Stifel, Nicolaus & Company Thomas Chauvet - Citigroup Jurgen Kolb - Kepler Cheuvreux David Roux - Bank of America Merrill Lynch Aneesha Sherman - Sanford C. Bernstein & Co. Warwick Okines - BNP Paribas Exane Operator Good afternoon, ladies and gentlemen.

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