When and why did xQc block Adin Ross? Feud between pro-streamers explained
During a livestream, xQc received a link from Adin Ross on Discord that left him hopping mad
2023-06-01 17:54
'It’s still acting, isn't it?': Anya Chalotra said no to body double for nude scenes in Netflix's 'The Witcher'
The non-essential nudity in the sex scenes the actress was involved in while filming the show were scrapped
2023-06-25 13:28
Olivia Dunne tries TikTok's 'aged' filter trend, expresses discontent with outcome, Internet calls it 'legit scary'
Olivia Dunne said, 'I don’t like it. I don’t like it at all. No,' after using the TikTok filter
2023-08-01 18:29
'Meghan McCain, are you listening?' Ana Navarro's sly jab at The View's former host leaves fans in splits
Internet has a field day guessing Meghan McCain's name after Ana Navarro's indirect dig on 'The View'
2023-09-18 11:29
Andrew Tate unveils latest installment of 'Tales of Wudan' series exclusively on Rumble, fans say Top G is 'doing great'
Andrew Tate, known for his provocative online presence unveiled the latest episode of his 'Tales of Wudan' series on Rumble
2023-09-09 18:29
'Don't end that Jonas Brother': Fans joke as Joe Jonas' exes Taylor Swift and Sophie Turner spotted together in NYC
Sophie Turner was seen wandering with Taylor Swift through the streets of New York City, enjoying the single life
2023-09-20 21:54
Who is Marva Soogrim? Nanny for celeb moms Julia Roberts and Courteney Cox in huge demand as stars rush to enlist her services
From renowned actors to supermodels and musicians, Marva's services have been in high demand
2023-06-27 18:51
Adidas is still figuring out what to do with $1.3 billion worth of unsold Yeezys
Nearly seven months on from Adidas parting ways with rapper Kanye West, and the sportswear brand reportedly still has $1.3 billion of unsold Yeezy stock in its warehouses. The decision from Adidas to split from West - otherwise known as Ye - came back in October last year came after the 45-year-old made antisemitic remarks both in interviews and online. But now, Adidas has to decide what to do with the remaining stock of the popular shoe as the company attempts to turn its fortune around after it abruptly ended its partnership with West and his Yeezy brand, with 400 million euros ($441 million) in lost sales at the start of the year. Sign up to our free Indy100 weekly newsletter Though Adidas is "getting closer and closer to making a decision" on what to do with the sneakers and the “options are narrowing,” new CEO Bjorn Gulden said, as per Associated Press. He became in charge back in January this year, three months after Adidas terminated it's partnership with Ye. However, a decision has not yet been reached due to "so many interested parties," he added. Gulden did not confirm whether the option to destroy the shoes had been ruled out but noted that this is something it is the company is "trying to avoid." Meanwhile other options have their own downsides, since selling the shoes would mean Ye would need to be paid royalties, removing brand identification would be dishonest. Giving the shoes away for free sounds like a nice idea in theory but this could cause them to be resold at a higher market price. Gulden is also remaining tight-lipped on the exact quantity of stock that is left since he believes if consumer are aware of this number it "could have an impact on demand," as per AP. The CEO admitted losing Yeezy is "of course hurting us" and if Adidas decides not to sell the remaining shoes, it could reduce earnings by 500 million euros this year. Net sales declined 1 per cent in the first quarter, to 5.27 billion euros, and would have risen per cent with the Yeezy line, the company said. As a whole, Gulden described 2023 as a "a year of transition" with "a better ’24 and a good ’25" as the German sportswear business continues without the Yeezy brand. Elsewhere, Adidas found itself being sued by investors last week who allege the company knew about Ye’s offensive remarks and harmful behaviour years before the termination and failed to take precautionary measures to limit financial losses. Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings.
2023-05-10 02:25
The pain of being Paige: How injuries to addiction drove WWE icon to the brink
WWE icon Saraya Bevis aka Paige, was initially suspended from the organization in 2016 due to her substance abuse issues
2023-08-27 15:27
Golnesa Gharachedaghi shares theory amid Kyle Richards and Mauricio Umansky's split: 'There were signs of cheating'
Several netizens pointed out Kyle Richards’ closeness with country music singer Morgan Wade as they have been seen together on many occasions
2023-07-05 03:20
Justin Timberlake turns off Instagram comments in wake of Britney Spears’ memoir, Internet says 'he's over'
Britney Spears' memoir 'The Woman in Me' has revealed contentious details about her relationship with Justin Timberlake
2023-10-27 17:51
What’s the Point of a “Wait for Green” Traffic Sign?
The meaning of the “wait for green” traffic sign is less redundant than it seems.
2023-11-28 22:26
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