These b****es so ugly
Disgusting
mostly useless image ever
Slides sitting for days when they first came out will always be a puzzling thought for me...
I knew they were heaters day 1
"adidas finishes successful year with better-than-expected fourth quarter results"
January 21, 2025
adidas today announced preliminary results for the fourth quarter of 2024. In Q4, currency-neutral revenues increased 19%. In euro terms, the company’s revenues grew 24% to € 5,965 million (2023: € 4,812 million). Excluding Yeezy sales in both years, currency-neutral revenues increased 18%. The company’s gross margin increased 5.2 percentage points to 49.8% (2023: 44.6%). Operating profit reached € 57 million in the quarter (2023: operating loss of € 377 million).
Based on preliminary unaudited numbers for the full year of 2024, the company’s currency-neutral revenues were up 12%. In euro terms, revenues increased 11% versus the prior year and reached € 23,683 million in 2024 (2023: € 21,427 million). Excluding Yeezy sales in both years, currency-neutral revenues increased 13%. The company’s gross margin improved by 3.3 percentage points to 50.8% in 2024 (2023: 47.5%), while full-year operating profit increased by more than € 1 billion to € 1,337 million (2023: € 268 million).
I'm glad that you asked. Nobodys seems to care anymore.
And it's sad.
Adidas is suing Ye.
Ye is also suing Adidas.
Here's the real situation.
What Adidas wants?
All rights to use the brand Yeezy in the "next" batch of production.
But there's a huge problem: Adidas still making Yeezys with Yeezy brand on it. They have multiple deals with suppliers and manufacturers around the globe (most of them are in China, Vietnam and Thailand). How much new pairs are being made? Nobody knows for sure except for adidas. This whole history of inventory is a lie if they are still making more of it.
What Ye wants?
Ye is looking for an outside audition for this allegedly inventory because there's royalties involved at every sell besides the YEEZY/YZY brand being used without him being paid. Since nobody else besides Adidas themselves knows how much products are still in the allegedly inventory and selling...how much money did Adidas owes to Ye? At least millions of dollars.
Ye is being robbed but since his antisemitism situation nobody in the media seems to care to report the real situation.
"Based on preliminary unaudited numbers for the full year of 2024, the company’s currency-neutral revenues were up 12%"