Adidas believes it may have to write off the remaining 300 million euro worth of Yeezy shoes left unsold after it cut ties with rapper Ye, formerly known as Kanye West.
Part of the profits went to groups like the Anti-Defamation League and the Philonise & Keeta Floyd Institute for Social Change, run by social justice advocate Philonise Floyd, the brother of George Floyd. Mr Gulden told reporters on a conference call that the assumption in the outlook “is that this inventory will be written off … if that will happen or not is something that we evaluate all the time, so there are no decisions on what we’ll do.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Jamie Carragher was wrong to write off Liverpool title chances, says Chris SuttonJoe Williams has been Football365 News Editor since 2022. Loves all things Sheffield United.
Source: F365 - 🏆 5. / 97 Read more »
I write this in the dark in Gaza, scared I won't surviveThe latest attack on the Maghazi refugee camp comes hours after two strikes hit a UN-run school, sheltering thousands, on Saturday. Several people living in tents in the schoolyard were killed, as well as women who were baking bread inside the building, the UN reports.
Source: MetroUK - 🏆 13. / 82 Read more »
I write this in the dark in Gaza, scared I won't surviveThe latest attack on the Maghazi refugee camp comes hours after two strikes hit a UN-run school, sheltering thousands, on Saturday. Several people living in tents in the schoolyard were killed, as well as women who were baking bread inside the building, the UN reports.
Source: MetroUK - 🏆 13. / 82 Read more »
Liverpool write to Luton for details of their handling tragedy chantingLiverpool have offered to work with Luton Town over education around the Hillsborough disaster after tragedy chanting marred Sunday's 1-1 draw at Kenilworth Road
Source: EchoWhatsOn - 🏆 74. / 59 Read more »
Liverpool write to Luton demanding answers over tragedy chanting during Sunday's draw at Kenilworth RoadLiverpool have written a letter to Luton Town asking what they are going to do about the tragedy chanting from their supporters on Sunday.
Source: SkySports - 🏆 58. / 63 Read more »
A valid excuse! Chelsea write plea to get American fans the day off work for London derby clash against SpursChelsea shared a leave-of-absence letter for their American fans' workplaces so that they can watch the derby match against Tottenham on Monday.
Source: goal - 🏆 59. / 63 Read more »