Has my stock been accused of fraud?Join over 160k users who know.

Ticker Price Change($) Change(%) Shares Volume Prev Close Open Gain($) Gain(%)
Ticker Status Jurisdiction Filing Date CP Start CP End CP Loss Deadline
Ticker Case Name Status CP Start CP End Deadline Settlement Amt
Ticker Name Date Analyst Firm Up/Down Target ($) Rating Change Rating Current

News

Adidas Seeks Next Yeezy Shoes Sale From Inventories In August

Author: Nabaparna Bhattacharya | July 28, 2023 10:10am

Adidas AG (OTC:ADDYY) plans to sell more Yeezy shoes globally from its inventories throughout August. 

From the proceeds, the company will donate significantly to selected organizations working to combat discrimination and hate, including racism and antisemitism.

The range available will include some of the most popular existing designs, including the YEEZY BOOST 350 V2, 500, and 700 and the YEEZY SLIDE and FOAM RNR.

Also Read: Adidas Receives Orders Worth $565M For Massive Unsold Yeezy Inventory: Report

With the first set of inventory stock released in May, the second round in August would feature products from 2022, the company said.

Since terminating the YEEZY partnership in October, Adidas has been exploring multiple scenarios for the potential use of the existing YEEZY inventory. 

Also See: Adidas Teams Up With Kanye Again To Sell Leftover Yeezys Rather Than Burning Them

Price Action: ADDYY shares were up by 2.68% to $101.78 on the last check Friday.

Posted In: ADDDF ADDYY

CLASS ACTION DEADLINES - JOIN NOW!

NEW CASE INVESTIGATION

CORE Finalist