Gulden has overseen the sales of Adidas' remaining stock of Yeezy shoes, initially in high demand but more recently selling at discounts. Yeezy inventory sales generated revenue of around 200 ...

Gross margin expanded 2 percentage points to 51.3%, despite the hit from “this year’s significantly smaller and less profitable Yeezy business,” and net income soared 70% to 476 million ...

(Reuters) - Adidas saw strong growth in Greater China in the third quarter, while sales in North America excluding Yeezy shoes were up thanks to improving brand image, the company said on Tuesday.