Adidas (ADDYY)

[behappyalways]

adidas-apparel-shortages

https://edition.cnn.com/2019/05/03/busi ... index.html

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Adidas misses forecasts with 93% profit plunge, warns on sales
https://www.reuters.com/article/us-adid ... SKCN2290G6

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Adidas Warns On Guidance, Inventory Buildup, For The Second Time In Three Months
https://www.zerohedge.com/markets/adida ... ree-months

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Adidas Sits On Half Billion Dollars Of Unsold Yeezys After Terminating Deal With Kayne West
https://www.zerohedge.com/markets/adida ... kayne-west

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Adidas Shares Crash Over $1.3 Billion Pile Of Unsold Yeezy Shoes
https://www.zerohedge.com/markets/adida ... eezy-shoes

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Adidas To Cut Dividend 80% After Losing $1.3 Billion Severing Ties With Kanye West
https://www.zerohedge.com/political/adi ... kanye-west

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"Burning Isn't Solution": Adidas To Sell Stockpile Of Yeezy Shoes
https://www.zerohedge.com/markets/burni ... eezy-shoes

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Adidas Scores Win With Huge Demand For Unsold Yeezy Shoes
https://www.zerohedge.com/markets/adida ... eezy-shoes

[winston]

not vested

Adidas saw strong underlying growth in Greater China in the third quarter, while sales in North America excluding the Yeezy collection were up on the year on increasing brand momentum, after turning positive in the second quarter.

Currency-neutral quarterly sales rose 9 per cent to 946 million euros (S$1.4 billion) in Greater China, up from 870 million euros a year earlier– its strongest quarterly sales in China since the start of 2022.

Source: Phillips

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Adidas Shares Crash After World Cup Spending Fuels Earnings Miss
https://www.zerohedge.com/markets/adida ... nings-miss