Adidas Secures $565M In Orders For First Batch Of Unsold Yeezy Shoes
Portfolio Pulse from Benzinga Newsdesk
Adidas has secured $565 million in orders for the first batch of unsold Yeezy shoes, according to the Financial Times.
July 24, 2023 | 7:42 am
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POSITIVE IMPACT
Adidas has secured significant revenue from the sale of unsold Yeezy shoes, which could positively impact its financial performance.
The sale of unsold Yeezy shoes has generated significant revenue for Adidas. This could lead to improved financial performance, which may positively impact the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100