INSIDER
Adidas is investigating allegations of embezzlement and bribery in China, according to news reports
Read full article: Adidas is investigating allegations of embezzlement and bribery in China, according to news reportsAdidas has launched an investigation into allegations of โcompliance violationsโ in China after receiving an anonymous letter earlier this month accusing local executives of embezzling millions of euros.
Chosen by Kim Kardashian and loved by fans, Bellingham fires England to 1-0 win over Serbia at Euros
Read full article: Chosen by Kim Kardashian and loved by fans, Bellingham fires England to 1-0 win over Serbia at EurosJude Bellingham scored to give England a winning start at Euro 2024 by beating Serbia 1-0.
Yeezy shoe sales lead Adidas to $150 million in donations to anti-hate groups
Read full article: Yeezy shoe sales lead Adidas to $150 million in donations to anti-hate groupsAdidas says itโs donated or is planning to give away more than $150 million to groups fighting antisemitism and other forms of hate from the sales of Yeezy shoes last year.
Adidas sells another batch of Yeezy sneakers left over from breakup with Ye
Read full article: Adidas sells another batch of Yeezy sneakers left over from breakup with YeShoe and sports clothing maker Adidas says it has started a third sale of the Yeezy sneakers it was left with after severing ties with Ye, the rapper formerly known as Kanye West.
Adidas says it may write off remaining unsold Yeezy shoes after breakup with Ye
Read full article: Adidas says it may write off remaining unsold Yeezy shoes after breakup with YeAdidas says it may write off the remaining 300 million euros ($320 million) worth of Yeezy shoes left unsold after it cut ties with rapper Ye, formerly known as Kanye West.
Anti-Defamation League says Adidas CEO apologizes for misstatement about Kanye West
Read full article: Anti-Defamation League says Adidas CEO apologizes for misstatement about Kanye WestThe head of the Anti-Defamation League said in a post on X on Thursday that he was in touch with Adidas CEO Bjorn Gulden who apologized for his remarks about Kanye West and reiterated the sportswear companyโs fight to end antisemitism.
Adidas CEO doubts that Kanye West really meant the antisemitic remarks that led Adidas to drop him
Read full article: Adidas CEO doubts that Kanye West really meant the antisemitic remarks that led Adidas to drop himAdidas CEO Bjรธrn Gulden said he doubts that Ye, the artist formerly known as Kanye West, โmeant what he saidโ when he made a series of antisemitic and offensive remarks last year.
Adidas brings in $437 million from the first Yeezy sale. Part of that will go to anti-hate groups
Read full article: Adidas brings in $437 million from the first Yeezy sale. Part of that will go to anti-hate groupsAdidas has brought in $437 million from the first release of Yeezy sneakers left over after breaking ties with Ye, the rapper formerly known as Kanye West.
Adidas gives Yeezy sneaker sales a silver lining via donations to anti-hate groups, some US Jews say
Read full article: Adidas gives Yeezy sneaker sales a silver lining via donations to anti-hate groups, some US Jews sayLast October, sportswear giant Adidas cut ties with Ye, the rapper formerly known as Kanye West, due to his antisemitic comments.
Yeezy shoes are back on sale โ months after Adidas cut ties with Kanye West
Read full article: Yeezy shoes are back on sale โ months after Adidas cut ties with Kanye WestSome of Adidasโ remaining Yeezy shoes are back on sale โ months after the German sportswear company cut ties with Ye, the rapper formerly known as Kanye West.
Adidas to sell Yeezy shoes and donate proceeds months after Kanye West split
Read full article: Adidas to sell Yeezy shoes and donate proceeds months after Kanye West splitAdidas says it will try to sell a portion of its remaining Yeezy shoe inventory and donate the proceeds to charitable organizations.
Adidas' breakup with Ye drives lower earnings outlook
Read full article: Adidas' breakup with Ye drives lower earnings outlookAdidas has lowered its earnings forecast for the full year to account for losses from ending its partnership with the rapper formerly known as Kanye West over his antisemitic remarks.
NFL's Donald, NBA's Brown end their deals with Ye's agency
Read full article: NFL's Donald, NBA's Brown end their deals with Ye's agencyLos Angeles Rams defensive tackle Aaron Donald and Boston Celtics star Jaylen Brown have terminated their associations with Donda Sports, the brand management agency owned by the artist formerly known as Kanye West.
Appeals court OKs convictions in college basketball scandal
Read full article: Appeals court OKs convictions in college basketball scandalFILE This file combo of images shows, from left, amateur basketball league director Merl Code, former Adidas executive James Gatto, and business manager Christian Dawkins. A federal appeals court in New York, Friday, Jan. 15, 2020, upheld convictions Code, Gatto and Dawkins in a college basketball scandal that spoiled the careers of several coaches. (AP Photo/File)NEW YORK โ A federal appeals court in New York on Friday upheld convictions against a sports marketer, an aspiring agent and a financial adviser in a college basketball scandal that spoiled the careers of several coaches and left a stain on the integrity of college athletics. Circuit Court of Appeals in Manhattan said in its written decision that it was not adequate for the defendants to argue that their actions mirrored what was commonly done in college basketball programs and that their aim was to help universities, rather than harm. The convictions grew from the 2017 arrests of 10 individuals in what authorities described as a conspiracy to pay bribes to the families of young players to ensure NBA-bound college basketball stars would pledge allegiance to certain agents and handlers or attend certain schools.
Kanye West to bring Yeezy brand, but not sneakers, to Gap
Read full article: Kanye West to bring Yeezy brand, but not sneakers, to GapNEW YORK Kanye West is bringing his Yeezy brand to Gap. The rap superstar will design adult and kids' clothing that will be sold at the chain's stores next year. But Yeezy footwear, made with sneaker company Adidas, won't be sold at Gap stores. For Yeezy, being in more than 1,100 stores worldwide could get the brand in front of more people. As part of the deal announced Friday, Yeezy will receive royalties and possibly Gap stock if the line sells well.
Sneakers star at glamorous parties around Art Basel Miami
Read full article: Sneakers star at glamorous parties around Art Basel MiamiIn this Tuesday, Dec. 3, 2019, photo, a model walks the runway wearing the Christian Dior pre-fall 2020 men's fashion collection shoe Air Dior during Miami Art Week on, in Miami. (AP Photo/Brynn Anderson)MIAMI, FL โ Fashion has always played a starring role at the glamorous weeklong parties surrounding Art Basel Miami. This year itโs all about the kicks as several major brands including Dior, Adidas and Nike drop limited edition sneakers that had fans camping out overnight. Earlier in the week, he was the hype man for the highly anticipated Christian Dior Air Jordan 1 sneaker. Not to be left out, Louis Vuitton unveiled itโs first sneaker trunk Tuesday night at a Miami store.
Sneakers star at glamorous parties around Art Basel Miami
Read full article: Sneakers star at glamorous parties around Art Basel MiamiFashion has always played a starring role at the glamorous weeklong parties surrounding Art Basel Miami. This year itโs all about the kicks as several major brands including Dior, Adidas and Nike drop limited edition sneakers that had fans camping out overnight. Earlier in the week, he was the hype man for the highly anticipated Christian Dior Air Jordan 1 sneaker. The white and grey sneaker includes hand-painted edges, transparent soles with both Air Dior wings and the trademark swoop done in the signature grey Dior jacquard pattern outlined in black. Not to be left out, Louis Vuitton unveiled itโs first sneaker trunk Tuesday night at a Miami store.
Adidas partners with International Space Station to test products
Read full article: Adidas partners with International Space Station to test productsThe apparel company is launching a multi-year partnership with the International Space Station (ISS) US National Laboratory. "The initial conversations led to the idea of maximizing the unique lab characteristics of the International Space Station, like microgravity, for product research with our background in human performance for athletes." Phase oneThe first phase of the partnership will focus on product innovation by testing products in microgravity. "The unique conditions of space provide the ideal environment to discover the unknown," said Christine Kretz, vice president of Program and Partnerships of the International Space Station US National Laboratory. Carnes said that as the first test of its kind on sports equipment, the company is still processing the test results for the ball.
SpaceX to launch Nickelodeon slime, Adidas soccer ball into space
Read full article: SpaceX to launch Nickelodeon slime, Adidas soccer ball into space(CNN) - Nickelodeon's green slime will soon ooze its way onto the International Space Station. The network says it's sending slime to the space station for educational purposes and to spread the fun for a new generation. Joining Nicklodeon's slime aboard SpaceX's resupply will be an Adidas soccer ball. Also flying to the space station: the first-ever bioprinter, which could use a person's cells to "print" them new organs. SpaceX, Elon Musk's rocket venture, routinely launches cargo missions to the space station on behalf of NASA.
Adidas and Arizona Iced Tea offering 99-cent sneakers
Read full article: Adidas and Arizona Iced Tea offering 99-cent sneakersSAN ANTONIO - Arizona Iced Tea and Adidas have teamed up to create some colorful sneakers and they're selling them for 99 cents this week. A social media post from Arizona Iced Tea states that customers must pay with a $1 bill. There are two color versions of the sneakers in both the Yung 1 and Continental shoe styles. That's the price point for a can of Arizona iced tea, and has been since the company's founding in 1992. There are reports that the shoes could be more widely available in the future.
Adidas campaign leads to racist, anti-Semitic tweets
Read full article: Adidas campaign leads to racist, anti-Semitic tweetsAdidas has come under fire for a social media campaign which inadvertently led to the sportswear giant tweeting out racist, anti-Semitic and abusive terms to hundreds of thousands of followers. (CNN) - Adidas has come under fire for a social media campaign which inadvertently led to the sportswear giant tweeting out racist, anti-Semitic and abusive terms to hundreds of thousands of followers. But the stunt was hijacked by several users who changed their Twitter handles to include offensive terms. The incident also raises questions about why Twitter users were able to create racist and anti-Semitic handles, some of which appeared to use subtle misspellings in order to avoid detection. A Twitter campaign run by the New England Patriots in 2014 led to offensive names being branded on the back of the NFL team's jersey.