Adidas to sell remaining Yeezy stock
Adidas plans to sell its remaining Yeezy stock at cost price as full-year results benefited from a “better-than-expected” performance in the last quarter and the sale of Yeezy products.
In its preliminary results for 2023, the global sportswear giant said it generated an operating profit of €268m (£228.7m) as compared with the €669m (£572m) profits the business reported in 2022.
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