- Start
- Dec 31, 202450% CONFIDENCEfrom the source
Adidas Sells Off Its Last Yeezy Inventory
- Adidas's FY2024 results say the sale of its remaining Yeezy inventory "was successfully concluded during the fourth quarter," generating about €650 million in 2024 (€750 million in 2023)[1]
- Adidas cut ties with Kanye West (Ye) in October 2022 over his antisemitic remarks, then began liquidating Yeezy stock in May 2023, pledging part of the proceeds to groups including the Anti-Defamation League[2]
- CFO Harm Ohlmeyer said of the last shoes: "there is not one Yeezy shoe left ... that episode is behind us"[2]
References 253% CONFIDENCE
The first entry is always the pin's source. Overall confidence is a weighted average of how firmly each reference supports the start and end times used above; a reference counts half as much for every 180 days older than the newest.
- [1]50%res.cloudinary.com/confirmed-web/image/upload/v1741155965/adidas-group/investors/financial-publications/2024/Q4/adidasAG_FY_2024_Results_EN_vf_ptevlo.pdfres.cloudinary.com· Posted Sep 25, 2026· Starts Dec 31, 2024 ✓· 90% of score
adidas's FY2024 results say the sale of the remaining Yeezy inventory "was successfully concluded during the fourth quarter" of 2024 with no exact day given, so the last day of Q4 (31 December 2024) is used.
- [2]80%Adidas Gets Rid of All Yeezy Inventory: 'That Episode Is Behind Us'variety.com· Published Mar 5, 2025· 10% of score
Reports on adidas's FY2024 earnings release, quoting CFO Harm Ohlmeyer: "There is not one Yeezy shoe left ... it has all been sold and that episode is behind us," and that adidas began liquidating stock in May 2023 pledging part of the proceeds against antisemitism.[1]
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