Adidas will sell more outstanding Yeezy inventory

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Adidas will sell more outstanding Yeezy inventory
France Dernières Nouvelles,France Actualités
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More of the outstanding Yeezy inventory that Adidas is looking to part ways with will soon go on sale. The company said Friday it would put Yeezy products up for purchase in early August.

The first happened in May, with Adidas going on to report earlier this week that it had seen a "positive impact" from that initial Yeezy sale.

That move partly prompted the sportswear company to change to a "mid-single-digit" revenue drop rate and a narrower €450 million operating loss in its 2023 financial forecast.that cited unnamed sources suggested the company saw people place roughly €508 million of orders during the first round of sales it did.

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