Adidas shares tank after it issues warning over unsold Yeezy stock

Adidas could lose more than $1 billion in revenue as Yeezy shoes go unsold

Adidas cut ties with Ye last October because of his antisemitic remarks and still struggles with what to do with its unsold pile of Yeezys.

Adidas says Kanye West split could cost company $1.3B as Yeezy shoes go unsold

Ye, the rapper formerly known as Kanye West, cost Adidas more than $1.3 billion in revenue when he forced the company to cut ties with him.

Adidas warns dropping Kanye West could cost it more than $1 billion

Adidas said Thursday that it is at risk of losing as much as $1 billion in operating profits if it fails to offload its inventory of Kanye West-designed Yeezy merchandise.

Adidas says dropping Kanye West could cost it more than $1 billion in sales

(CNN) — Adidas’ breakup with Ye, formerly known as Kanye West, is a pricey one.The company warned Thursday that it’s expected to lose $1.3 billion...

Adidas says dropping Kanye West could cost it more than $1 billion in sales

The company warned Thursday that it's expected to lose $1.3 billion (1.2 billion euro) in revenue this year because it's unable to sell the designer's Yeezy clothing and shoes.

Adidas has a ton of Yeezy clothes to get rid of

Adidas dropped its nine-year affiliation with Kanye West last October after he made a series of antisemitic remarks. Now it's trying to figure out how to clear all that Yeezy merch from its shelves.